DMM 0.00% 5.8¢ dmc mining limited.

Ann: A$ 4 million Placement Completed , page-6

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  1. 90 Posts.
    i sold out today. While i still very much like the long term prospects of DMM, i don't see it going anywhere in the short term.

    It looks like they have a fair bit more drilling to do before we see any results and even then DMM isn't know for consistency in announcing things when they say they're going too.

    I also can't reasonably explain what has been holding it at 30 cents this last month or so.

    I will look for a lower entry point in the not too distant future.

    Another consideration was the general market looking EXTREMELY overbought. I am expecting a decent pull back, and when that happens money from the spec stocks will disappear.
 
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