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re: Ann: Grant of New Iron Ore Tenement in Pi... It is good...

  1. adam.s
    3,287 Posts.
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    16/01/13
    12:37
    Post #: 11296115
    re: Ann: Grant of New Iron Ore Tenement in Pi... It is good news.

    But until they drill and find DSO and then prove that resource to be commercial... and then subsequently next to a rail line which means there is a chance of the mine getting off the ground, the market will continue to be deaf to any "good news".

    Very speculative to know what will happen from here on, but while iron ore is returning to it's old prices, it definitely makes you think DMA could return to it's old levels on a continuation of good news.
    DMA Price at posting: 7.2¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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