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Bullboard - Stock Discussion Forum DRDGOLD ADR Representing 10 Ord Shs DRD

DRDGOLD Limited is a South Africa-based holding company. The Company is primarily involved in the retreatment of surface gold tailings. The Company’s business includes Ergo, Far West Gold Recoveries (FWGR), Hot Button Features and Resources and Reserves. Ergo business is a surface gold retreatment operation, which treats old slime dams and sand dumps to the south of Johannesburg’s central... see more

NYSE:DRD - Post Discussion

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Post by GoldfingerU3O8 on Jun 23, 2020 11:00am

Anybody here?

Does anybody know why this stock is rising sharply. POG is one reason but does not explain this 50% rise
Comment by mrbb on Jun 25, 2020 1:41pm
my guess is it an overlooked/under valued stock. I'm surprised as you are on the quick rise from 7's.  I bought some at 5's in 2016 and held it since, even stomached it when it hit 1.7's My mistake was i didn't add when it drop to 1.7's
Comment by GoldfingerU3O8 on Jun 29, 2020 9:56am
I bought my shares in 2016. It is a triple for me now. I'm hoping for 40$ :-)  Unfortunately I thought that GORO would perform better than DRD. I have 4* more GORO than DRD. I'm up 20% :-) 
Comment by mrbb on Jul 16, 2020 4:25pm
i hope you're right on the 40$ target ;) i like the risk free aspect of drd, processing known grade ores above ground, using mostly automation. 
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