In the backlink I provided this model:
Current snapshot is below but modified for what I think should be the worst case count. As you can see, DRD bottomed at $1.23 which is 2 cents below where I was indicating. Even if that was not 5 then I think it must be at least 3 of 5 and so perhaps a bounce into red 4 and then one final pullback which people should be buying into. Treat this as a long term non-expiring call folks. DRD is about break even at current gold prices. When gold moves back up, DRD is going to be throwing off some serious divvies because that is the charter of the company. This is the fairest shareholder situation IMO and a very conservative way of rewarding investors.
Keep an eye on this because right now a tiny 10 cent move is 10%. The big money is going to be made catching the panic selloff into the bottom. This was just at $1.80 +. What has changed since then? Not much. But if you buy at these levels and it goes back up there you will have won 50% with much more upside likely.
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