NDAQ:DROOY - Post by User
Comment by
iswton Oct 11, 2007 11:48am
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Post# 13554737
RE: Dr. Clive Roffey on DRD DROOY ++++++
RE: Dr. Clive Roffey on DRD DROOY ++++++i really think that one day in the next decade, all drooy assets will quite the submarginal category...
costs will not increase as quickly than gold in the future in my opinion even energy prices will increase in the future (look below)
one thing which is good is that new management is finally and hopefully namely focused on mining expenses to imporve operationnal efficency of their south african operations
moreover i hope we could have a good suprise for the "escape" from emperor and get a little bit more cash to continue new exploration namely with mintails JVs.
lastly drooy has some kind of unexpected hedge on energy prices via its low uranium deposits...
thus i think one day market will give a more reasonnable valuation for their 50 million ounces gold resources...