DML discovery metals limited

discovery metals nearly doubles tenements in b, page-3

  1. 548 Posts.
    Christoff,

    Indeedy.

    DML buying and selling seems to happen in chunks...especially on the buy side where my perception is it must be institutional. Really good chunks seem to fly through at times quite relentlessly.

    When the general market weakens, especially after a reasonable run for the DML sp it seems to fall rapidly on spasmodic selling.

    Why is this? Personally I think it is still very much under the radar. When somebody finds it they bid up,get their fill and then there is a void left behind and hence it drops. This has happened several times.

    All good though...passage of weaker hands to stronger ones.

    Good tenement aquisition today. Clearly they could have several 100mt of copper, potentially at 1.3%+ but they do need to concentrate on the first bit...i.e the plant and that 2km zone at Zeta.

    Cheers and beers to all and have a good weekend.
 
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