DRD drdgold limited

durban roodenport deep, page-3

  1. 409 Posts.

    Hi Dub,

    I hold this baby and have been a bit disappointed in recent times. They are a large marginal producer which typically reacts well to gold price movements. They are totally unhedged as well. Recently their performance has been severly hampered (hence the share price) by a strong SA Rand. If the rand comes back a bit to a more realistic value then DRD (in my opinion) should power on.

    I'm holding out for $10 plus

    Angus1
 
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