DRD drdgold limited

rand gold price divergence, page-4

  1. 9,081 Posts.
    I thinks it recent close at $1.60 (on 7/1/05) could well be the bottom for DRD.

    There is long term support at the $1.55 - $1.60 level for this stock and I don't think that level will be breached.

    If it is it could revisit its all time low of $1.00 made in January, 2001.

    But the odds favour the "bottom" for DRD having already been reached.

    Bruce may well be right about better prospects for DRD in 2005.
 
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