Looks like I will end up with a heap more DRD thanks to my EMP holding - cannot say I am unhappy about that.
Lots of "cat and mouse" being played with DRD at the moment but I believe that it will soon change as Roffey predicts.
I am looking forward to that weaker Rand price against the UD$ (which translates into a higher Randgold price).
Then DRD's profitablity and shareprice will explode. Roffey points out that DRD's shareprice was over $50 (US) when gold reached dizzy heights way back in 1997 (I think). If this gold bull pans out the way some expect, in the long haul, DRD could end up around $90(US) a share.
Dunno whether I could wait that long - the temptation to take quicker profits would be huge.
Meanwhile .... we sit patiently in our "goldbug boat" and wait for the king tide.
PS ... some of my best mates are cabbies ... but I never take their advice at face value :)
