DML discovery metals limited

copper versus gold and oil

  1. 18 Posts.
    commodities generally are having a great run at the moment as central banks and governments devalue cash by printing more and more, but recently we have seen competition between oil, precious metals and base metals.

    this has been brought on by concern about a major disruption of the oil supply to Europe due to unrest in Libya, and as a result the price of oil and gold has surged higher.

    My opinion is that the unrest will be contained, oil prices will ease a little, and base metals will catch up with the other commodities.

    For that reason i have sold all my RRS and bought a load more DML, and will add more DML if it becomes even better value.

    Read the Fairfax note out today on DML...

    In 3 years time DML could be producing from Boseto, debt should be all paid off, and the second mine will be in development stage. In ten years there could be five mines and a railway to transport the copper to market...

    This is just the beginning!

    All in my opinion, please do your own research!
 
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