Interested in your comments re lamprophyre and also the mill upgrade: I notice the company did mention the lamprophyre situation in the Sept 07 quarterly.
Never actually spoken to company management but I agree with you that management do appear to be ultra conservative, a quality that the market will eventually value.
If you’re aiming at 3.50 you are almost there. It is hard to tell where any support on a technical basis comes into play. One comfort looking at the graph is that the fall from $6 to the current has been on falling volume.
The boardroom radio interview of Feb 1st 08 is does not sound like a company that is going backwards. They talk of going to the next level --- I hope eventually that is up.
The truth may be is that they ran too far too fast. On top of that the market is crap for a lot of stocks at the moment.
Even though I have been with DOM since prices far below todays – the fall from 6 to 3 is still not without its painful moments. Still Peter Joseph is still there with his 11 million shares so he is certainly down a bit further than me.
Anyway keep us informed We will see what happens??
cy7
DOM Price at posting:
0.0¢ Sentiment: None Disclosure: Held
