DRD drdgold limited

re: prediction - 4 xerxes Do you mean this comment: - With this...

  1. 209 Posts.
    re: prediction - 4 xerxes Do you mean this comment: -

    With this condition present, and in the absence of collapsing external gold pricing, where while there is significant options related resistance at $400, there is good derivatives based support at $380, if the Rand were to embark on a journey lower against the Dollar soon, local gold pricing should rise, the degree of which garnered by respective velocities as it pertains to the variables. Knowing sentiment is very negative toward the group presently, and in light of the above understanding, at a minimum it makes a tremendous amount of sense to be overweight the South Africans at this juncture, where the surprises are more likely to be on the upside rather than the down, at least for now.

 
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