DRDGOLD ADR Representing 10 Ord Shs DRD

Metals & Mining Gold

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 business district, as well as the East and Central Rand goldfields. The operation comprises three plants. The Ergo and Knights plants operate as metallurgical plants. The Ergo plant treats around 1.7 Mtpm of material. The City Deep plant operates as a pump/milling station feeding the metallurgical plants. The Company’s FWGR is a surface gold retreatment operation that treats old slime dams in the West Rand goldfields and is located near Carletonville in South Africa’s Gauteng province. Mineral Resources consist of sand dumps, slimes dams and silted areas and dams.

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DRDGOLD ADR Representing 10 Ord Shs

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Comment by mrbbon Jul 16, 2020 4:25pm

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Post# 31278067

RE:RE:RE:Anybody here?

GoldfingerU3O8 wrote: 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% :-)

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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