DM1 7.14% 3.0¢ desert metals limited

Ann: Significant Rare Earth Discovery Confirmed, page-144

  1. 2,606 Posts.
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    Was just looking at other Rare Earths stocks and at $26m mkt cap... this DM1 discovery is massive and should now propel DM1 to easily become a multi bagger....

    Yes there is Lynas: MC $7.5bn and Iluka $4bn monsters but forgetting those guys (although there are comparisons) what's notable is the other juniors are all up 10- 20x higher valued than DM1 so some bright days ahead with a 20km+ strike and 3km width.

    NTU: $194m
    HAS:$390m
    ARU:$530m
    ASM:$430m

    DM1:$26m

    Will see how it plays out but not sure the 11-3pm share dumper today can get back all his shares under $1.00...even the Vwap today was actually 10c higher at 57c. So he sold waaay under what he could have....moronic DH. Now he is gone and people hold this could rocket to $1.00 even in this market.

    Now I know all this i'll try and get some under 50c next week if I can. Given its WA. Wish I had bought the close. I really thought about it. The stop out I can live with but hope it doesn't just gap up again 50% like it did today....and for good reason.

    DYOR. GLTAH.

 
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