this time last year looked like a dead miner. Now that they've restructured, the rand POG is way up, and they are opening another shaft in SA... they cut expenses to the bone, sold some real estate, and now are producing quite a bit of gold though Porgera was down due to low grade ore last Q report. If/when gold goes 600+ this one could have a life again. Any idea how, the the EMP deal, how the dividend will be distrubuted with DRD being a holding company now??
DRD Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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