DM1 0.00% 2.0¢ desert metals limited

Ann: More Outstanding Rare Earth Drilling Results at Innouendy, page-84

  1. 10,075 Posts.
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    This is a misleading post.
    DM1 has never had outstanding results so the thread title is fake.
    DM1 should in any way be compared with companies such as IXR.
    The market valuation comparison is meaningless because DM1 is still an explorer hoping to find a commercial deposit while IXR has
    already achieved that goal.
    DM1 is potentially on the cusp.... yes that is true.
    Misleading of Stuart to say that the company is to begin definition drilling and work to define a resource.
    That ambition will depend wholly on the next drilling results so it is an unknown.
    So the claims to outstanding results and drilling to define a resource are pretentious and untrue on the basis of current results.
    They depend on successful drilling and DM1 may be successful but so far have not been.
    The market valuation of DM1 is based on the above realities

    My opinion DYOR

 
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