OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

One of my losers

Posted by Auandag @ 8:51 on May 31, 2017  

Durban Dynamite

Adam Hamilton
May 5, 2000

Our local hometown hero, Durban Roodepoort Deep, released it’s Q1 2000 operating results on 3 May 2000. In order to test the oft-mentioned hypothesis that DROOY’s leverage relative to the gold price is extraordinary, I ran some price projections for DROOY using the Q1 2000 financial results with hypothetical gold prices. The results are quite stunning, as I think you will agree.

Once again, changing NOTHING but the gold price, here are the results:

http://www.gold-eagle.com/article/durban-dynamite

 

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.