It has the potential. Sure, nobody is denying DMI's potential.
Option 1:
Buy early, sit on it, make potentially a lot of money.
Option 2:
Make bags of profit, sell, rebuy half price, make substantially more money.
I'm in Option 2.
I get that most people here are in the other category, and that's fine.
But in my reality, and anyone else who plays in Option 2, there is no reality where a piece of quality tenement without any kind of drill results or even rock chips is worth $45m. Historically $20M-$24M is where these tenements sit, so that's where I plan to buy.
People here in DMI tend me berate me for using common sense and experience. I guess they don't like money as much as me.
DMI Chart/TA, page-38
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $77.48M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 14.5¢ | 13.0¢ | $752.8K | 5.503M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 874807 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 36900 | 2 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| GLN (ASX) Chart |