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


To: Proud Deplorable who wrote (161824)6/1/2009 1:49:12 PM
From: Claude Cormier5 Recommendations  Read Replies (2) | Respond to of 313013
 
- bit DMM isn't an exciting story anymore as its a development play not so much exploration so I disagree on you about OGR.

Well you are wrong.

DMM is not only a production play but also a big targets exploration play. I find it exciting that they are likely to produce 300,000 ounces without the need to go to the market for additional funding. I find it also exciting that they have the potential to grow their current resource of 6 million ounces to 10 or 20 millions ounces. Hence, DMM has only 40 millions shares f.d out versus OGR which is already at 60 million shares f.d.

- OGR is showing good results already in its exploration and can be a multi bagger like ARU.

Indeed. It may. But it may not. Size will determine how exciting it becomes.