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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: re3 who wrote (25599)	12/16/2009 7:08:54 AM
From: Real Man	Respond to of 71407

Well, DROOPY sold 60% of it's only mine instead of bankrupting it. I guess it's bullish, but it appears there is a lot more risk in that particular stock. Their gold production went from 1,100,000 Oz in 1999 to 260K Oz in 2008 and will drop again because of this. That said, the stock often rallies hard between end of November and February/March. I'm not sure I like the management that pays itself large overhead to sell the company's assets. That mine was more than half of Droopy's reserves and resources.