DROOY Durban Deep- Best S. African Mine

To: posthumousone who wrote (693)	4/27/2002 11:35:42 AM
From: Secret_Agent_Man	of 851

The Mitsui AM gold comment (mostly about the Thursday action): Gold surged in London time through 305 and in early NY time to fresh highs, as fund buying, option-related buying and triggered-stops on the back of USD weakness and other external factors (bomb fears in NY, Middle East tensions) took grip in what initially looked like it would be a quiet market ahead of the OTC option expiration. One dealer in particular was a featured buyer in the morning and then seller in the afternoon. There were also rumours of a producer buy-back filtering through the market. Word around town was that Durban Deep was the producer. The Roodeport Rocket promised shareholders it would cover all its hedges by sometime in June.

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To: Secret_Agent_Man who wrote (694)	4/27/2002 11:46:39 AM
From: posthumousone	of 851

Whoa! Now lets think for a minute....could this be because of DROOY quarterly report that came out that day? The thing i dont understand is that (for those of us who have been following DROOY) we were already aware of there intentions prior to the report. Im not sure how to take this <<<There were also rumours of a producer buy-back filtering through the market.>>> Could it possibly be that if its drooy they could cover before June? >>>> There were also rumours of a producer buy-back filtering through the market. Word around town was that Durban Deep was the producer. The Roodeport Rocket promised shareholders it would cover all its hedges by sometime in June. >>>>

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