DML discovery metals limited

dikoloti nickel project, page-25

  1. 2,925 Posts.
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    "I don't think this article says much at all. What's to learn from this?"

    Many traders and seminars teach people how to trade share only look at charts and indicators, NOT the company bleeding cash fast and debt problem.

    DML's JV news just gave day traders to push sp up 30% and lure more long term investors into the market thinking it is "safer" than yesterday (before announcement of JV). But fundamentally speaking, absolutely nothing has changed in terms of debt, cash flow problem, cost reduction and POC.

    I'm not saying DML is like FGE, but many traders will suck into it and FGE collapsed and traders are trapped.

    Marcus Padley saying is you can buy in only one day before company goes to administration and loss 100%. When going up does not mean anything and potentially just trapping money.
 
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