a good stock rises on a down day

Did someone say the markets were down? Well, not DMM.

Closed up at 91cents and found solid support with very few sellers. Selleres who appear to have in fact dried out.

It looks like the Scopign Study is out next week.

I expect the share price to move back up towards the $1.10 mark and kicj start a re-rating off the Scoping Study which should out line Capex, Opex, Annual Production Tonnage targets (ie, 11mtpa as per Intersuisse), Rail, Strategic partners etc etc.

Ive said this before, DMM can be a $10 stock in 2 years when they are into production (as they say and hope to be).

There is potential for AGO, MGX all over again.

There is 5 times more upside in DMM then SDL at the corresponding levels


It wont take much for this to recover back to $1.10!