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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Canuck Dave who wrote (143482)	1/26/2009 12:24:30 PM
From: Sultan	Read Replies (2) \| Respond to of 312878

Attended DMM and DGC corporate presentations yesterday.. DMM CEO was very confident and was salivating at all the cash flow to be generated as soon as the plant goes into production in couple of months time.. Only thing I got out of it was the plant has capacity to handle production increase and they will be spending another 5m or so before the plant goes into production.. No real concern re. Ecuador mining laws to be passed any day.. DGC presentation was continuation of their story.. Expect the Feasibility study with strong numbers by this Fall.. They think DGC is trading at 1/3 of what OSK is trading.. Still projecting going to production 2-3 years out but realistically figure there will be interest by big guys once the Feasibility is available.. OSK was handing out a nice black cap and a surprise gift in a small box.. Turned out it was a pen with gold flakes floating in liquid.. Neat..