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


To: TheSlowLane who wrote (181178)12/7/2009 7:40:42 PM
From: Canuck Dave  Respond to of 312258
 
I have to agree with you. Chart action is still bullish. I kept all mine, and as long as it stabilizes pretty soon, I'm holding. That $3 run was probably a little overdone in the timespan it took.

Good story, good chart. Good prospect.

People want it all - right now. I know I do, LOL.

CD



To: TheSlowLane who wrote (181178)12/8/2009 3:43:06 AM
From: Amark$p1 Recommendation  Respond to of 312258
 
DMM-per the MD&A, guidance in early 2010

In addition, the Company is currently upgrading the electrical generation capability at the plant and mine sites to ensure
greater stability given recent power shortages experienced in Ecuador. It is expected that these upgrades will be completed
shortly, at which time stockpiled material from the development of the declines will be processed in test batches for the rest of this year. The Company should be in a position to provide production guidance early in 2010.

The Company continues with the construction of three declines and is carrying out further exploration activities to identify
sites for new declines.
_________
once investors get 2010 guidance, then will have a much better idea on DMM future share price...
_________
current burn rate is $3M per quarter including capitalized mine development costs. this likely to go up once mine is operating more than one shift...

current cash = $12M with recent PP and option exercise.

===>thus DMM has enough cash for at least the next 12 months..., and likely has no need for another PP given DMM reaches commercial production within next 9 months...



To: TheSlowLane who wrote (181178)12/10/2009 11:53:31 AM
From: kidl  Read Replies (1) | Respond to of 312258
 
Added a little DMM just above your 4.80 retrace target