If their drilling continues to be consistent throughout all their target they should have 300million tons at approx 1.2% copper. That grade is higher and a lot more profitable than equinox. If DML did have 300million tons and that is a big if,but seems very possible the resource would have an ingroud value of $18 billion at a copper price of $5000 per ton. DML would have a market cap of approx $3.6 billion. when they start serious production and share price would be $30 plus.
DML Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held