I usually throw these docs in the garbage. I hold quite a few
gold stocks, and your vote will typically have no bearing
on anything that happens.
Hopefully, earthquakes and strikes don't happen
to DROOY every quarter, although... gold bugs have their
reasons to hate this stock. Mostly, for falling in love
with it early this decade on belief that this stock is
20x leveraged to price of gold. It is, but costs soared too.
I believe this stock will still shine in a gold mania, which
is likely coming next.
FWIW, a few reasons SA miners lagged and are currently the
cheapest gold miners on the planet.
1) Strong rand (for a while, 2002-2006)
2) record oil, in gold terms, which affects costs
3) low to negative margins
4) RSA issues, such as electricity blackouts, strikes, etc.
A note: South Africa is STILL home to 50% of known World gold
reserves
gold stocks, and your vote will typically have no bearing
on anything that happens.
Hopefully, earthquakes and strikes don't happen
to DROOY every quarter, although... gold bugs have their
reasons to hate this stock. Mostly, for falling in love
with it early this decade on belief that this stock is
20x leveraged to price of gold. It is, but costs soared too.
I believe this stock will still shine in a gold mania, which
is likely coming next.
FWIW, a few reasons SA miners lagged and are currently the
cheapest gold miners on the planet.
1) Strong rand (for a while, 2002-2006)
2) record oil, in gold terms, which affects costs
3) low to negative margins
4) RSA issues, such as electricity blackouts, strikes, etc.
A note: South Africa is STILL home to 50% of known World gold
reserves
Recent DRD News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/06/2026 03:34:48 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 03/27/2026 11:25:43 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/19/2025 04:50:15 PM
- WarrenAI Highlights Leading Silver-Linked Stocks to Watch • IH Market News • 12/05/2025 06:38:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/31/2025 10:02:24 AM
- Form 20-F - Annual and transition report of foreign private issuers [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/30/2025 12:21:47 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/28/2025 01:34:34 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/28/2025 01:23:14 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/24/2025 06:36:47 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/21/2025 07:12:12 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/16/2025 11:53:15 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/22/2025 01:47:24 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/20/2025 03:59:09 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/14/2025 02:04:41 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/25/2025 12:23:25 PM
