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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (56505)2/14/2008 1:33:03 PM
From: ogi  Read Replies (1) | Respond to of 78407
 
CN. not as pure in management as I hoped. Visuals a bit of a blunder, hole 2 mineralized over its entire length was way off the assays. That said, track record, share structure and property portfolio speak to a jr thatbegs holding over a long time for an eventual pay off.

Not sure what the burn rate is right now but as of Nov 30 they had 4 + mil in cash, so doubt there will be a financing in the next month or two. Short term I suspect we might see some JV on lower priority properties, but doubt that would be a short term driver of share price.

DMM.t either some stand alone agreements are negotiated in the Ecuadorian mining world that give perspective on the value of producers or there continues to be a longer wait for definitive legislation. Those are the only roadblocks to DMM.T beyond typical mining scenarios. Clarity and production pours will run DMM over ten in a hurry.

Cheers,
Ogi