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To: Galirayo who wrote (6487)	2/27/1998 6:24:00 PM
From: Carlton G Glenn	Respond to of 9262

Hi Ray, yes, the metals began showing green yesterday. Attached is an EM I received on DROOY.. <<<o: +Carlton G Glenn (15 ) From: +SpecMan Thursday, Feb 26 1998 6:49PM EST Reply # of 24 DROOY is Durban Deep, the second oldest gold mine in the world (after Homestake), which is now a consolidation of eight previous South African mines. It is probably the gold stock with the greatest leverage to the gold price, with a high of $16 when gold was in the $400 range. To get even more leverage on this stock, you might look at the "B" options traded on Joberg. Expire in mid-2002, trade at around US$0.24 each, with a strike price of about US$12. These trade very thinly, but they're a good way to get a big long-term position in the stock cheaply >>>> Later, Carl