DRD drdgold limited

down again, page-6

  1. 1,256 Posts.
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    Mmmm, wonder where the bottom is? Drooy down to $1-65 should see DRD trade toward the $2-60 level where I would see the bleeding stop. Lets face it they still have huge nnual ounces. Maybe a good time to load up on the future potential of this company. Has it been unloved enough yet, time will see. I jumped the gun at $2-74 today and felt it was overdone at the level only to see t fall further. Once again caught trying to catch a falling sword. I made my decision based mainly on the fact that DRD is the nonth largest gold producer in the world and that 12 months from now it should be much much higher specially if the gold price revs up like i anticipate.
 
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Currently unlisted public company.

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