GOLDBUGS AMEX Goldbugs Index (GOLD)

[Xplosivestocks]

Just got this in my email

Remember, DROOY is trading less then one times sales and is currently trading under book value! Also, DROOY's enterprise value is only $60 Million!!! This is absurd! In order to find out a company's enterprise value you take the current market cap which in this case is $125 mm and you add in the company's debt which is about $15 mm and then you subtract the company's cash which is $80 mm and you get the company's enterprise value which is only $60 mm!

DROOY has $80 mm in cash and generates about $175 mm in revenue and only has an enterprise value of $60 mm!

Furthermore, DROOY has been around since 1895! In fact, back in 1981, the last time we had an inflationary crisis like this one DROOY made a run from $15 to $500!