Stockchase Opinions

David Chapman Durban Roodeport Deep Adr DROOY-QS PAST TOP PICK Dec 03, 2004

(A Top Pick Sept 1/04. Down 7.5%.) Has been hurt by the South African rand. Has major support in the $1.50/1.60 area, so may be a good time to accumulate.
$1.600

Stock price when the opinion was issued

precious metals
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DON'T BUY
Mines are not good quality. Set up for a dramatically higher gold price. Could struggle.
TOP PICK
Gold/silver remain in long-term bull market in spite of the recent pullback. The stock has been hurt by the strong South African rand. Charts indicate a base in the $2.20/2.30 for the past year or so. You might want to wait for a breakout on the upside.
PAST TOP PICK
(Past top pick June 28, 2004. Down 3.2%.) Has been building a great big base. Needs to break out over $2.80/3.00. A good area to accumulate. The Rand will also be a key.
PAST TOP PICK
(A Top Pick June 28/04. Down 24%) Huge unexpected loss. Still a Buy.
TOP PICK
Longterm: he hit the bottom of the chart. However, he has huge reserves.
DON'T BUY
Not a fan of the company. Has had one problem after another. Management changes have brought some improvements.