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


To: Claude Cormier who wrote (161778)6/1/2009 10:21:06 AM
From: Sultan  Read Replies (1) | Respond to of 313001
 
Even if Ecuador were to ding them with 10% royalty, numbers are very good for DMM in terms of cash flow.. Contracts, and certainty of the numbers, are what every one is waiting.. Let's hope it happens soon..



To: Claude Cormier who wrote (161778)6/1/2009 10:24:48 AM
From: Bat Man  Read Replies (2) | Respond to of 313001
 
>Well if DMM was in Canada, it would be selling between $15 and $30 right now.<

That's a pretty large spread, and is probably where the price would be, but there are always if's.

All I'm saying is the time not to be a Junior is when they are spending money on going into production. I prefer to get out after riding results, and don't often stay in for the going into production phase.

I've owned DMM a few times, lost on the first because of politics, politics doesn't always scare me away. I owned BXM and BSR 80% or more of my PF back then.

As you can see the stock has done little, ya I know it went way down because of the market swoon, and $$ have been made. so did a lot of others . I'm not bashing, just my preference right now to be out.



To: Claude Cormier who wrote (161778)6/1/2009 12:13:55 PM
From: Proud Deplorable  Read Replies (2) | Respond to of 313001
 
But it isn't and will suffer because its in Ecuador. Your memory of ARU seems short.

Can't argue with the market...DMM isn't moving and there must be reasons why so explain all you want, it won't move the stock.

There are far better less risky plays out there.

Try OGR