Gold stocks moving up......except DROOY! What Gives????

-- Ralph Kramden (and@awaywego.com), October 01, 1999

Answers

I'm not Andy but I own alot of DROOY and this is what I found on another forum hope it stays together.

-DROOY was last year at the same POG close to 4$ -production cost lowered since then -is now a million ounce producer -bought up aggressively mines at 20 year lows -has all the equipement in the unprofitable mines maintained, means new production=cash flow can come very fast into play to fill a shortsoonsqueeze, no endless exploration required -is at 2$ hopeless undervalued!!!

What is wrong there? Has anyone information re the hedgebook (ray is away for the rest of the week I think?).IMHO I trust the management to do the right decision as they had the good instinct to buy harties at 20 year lows.Hope they have still enough cash?

Goldshares in general, I feel that the analysts are beginning to sort'em out more carefully now, when the POG exploded Mo/Tu all went up unselectively.Some distortions were the result, no surprise in the chaos. Yesterday, Barrick went down,NEM,HGMCY up.It looks like the unhedged already sorted out.Told you that I like Harmony more and more and they perform very well now.I really hope DROOY will have it real D-Day.Sometimes the very best are not doing good initially.But who loughs last least...

Somebody else on this forum bought 20,000 shares of DROOY yeasterday. Take it for what its worth.

-- todays Tom Sawyer (RUSH@2112.rockon!), October 01, 1999.

Ralph you need to go lurk over at Gold Eagle they just had a nice long informative discussion about DROOY.

-- I own DROOY (its@going.to the moon!), October 01, 1999.

I have made as of today $67,860.00 on my gold investments in the last week. How about you Y2K Pro? Don't be sorry, get on the train now before its to late!! If you had listened to Andy you would be wealthy right now.

-- nospam (nospam@spam.spam), October 01, 1999.

Don't bother with Y2K (fake) Pro. He never did know anything about the Gold market, yet pestered Andy constantly about it. He just loves to spout off about things, whether he has the facts or not. Look at his Y2k mutterings, no better than his gold opinions.

-- Gordon (gpconnolly@aol.com), October 01, 1999.

Guys,

I've heard rumours of a possible default on Monday. I would say it's on the cards sooner rather than later. Go stock up on eagles tomorrow. May be your last chance...

Interesting times...

-- Andy (2000EOD@prodigy.net), October 02, 1999.