zzzaaazzz - I got to say in the context of the gold market stating that DRA's weakness is that it has a couple of producing gold mines in nice stable nordic countries and has some currency complexities is interesting.
DRA has a market cap of $55m - there are many gold stocks that are not even producing yet that have m/caps above that.
With a number of those being in Africa. These companies have to drill more, complete a BFS, buy machinery and plant, actually employ miners, actually get the gold out of the ground and try and do it all economically.
The only way these companies can do all that is by issuing more shares.
At least DRA has a good revenue base to pay for mine expansion. I'd like to have DRA's problems as opposed to other companies problems.
I know your comments were BSM related and not gold specific and I'm just having a bad hair day.
peace and all that.
takeover, page-22
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$1.86 |
Change
0.000(0.00%) |
Mkt cap ! $102.8M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 320 | $2.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.30 | 1999 | 1 |
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