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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 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.


NYSE:DRD - Post by User

Comment by mrbbon Jun 25, 2020 1:41pm
141 Views
Post# 31191347

RE:Anybody here?

RE:Anybody here?

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

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