announcment debt free, page-9

fair call Newry.If it breaks 20 cents then its all on

One of DRAs biggest constraints is that they had the bulk of their gold hedged at some price that barely covered their costs. So of course gold smashed through the $1000 mark yet they had their gold hedged, cant remember exactly what it was but if I remember correctly it was around the $500-$600 mark. Very frustrating for all holders. That is now behind the Company and they are unhedged debt free, with $$$ in the bank and good Management.

It seems as though the stars are aligning for DRA. Im hoping they can run like SLR and TRY for example. These Cos have similiar production rates but superior reserves at the current time......who knows they may follow in their foot steps.Once again I am looking out for reserve upgrades, this is the key here