Your statement begs a question.
If DRM is consolidating at 30-31......what was it doing at 34-36.
Oh ...I guess it was accumulation. Accumulate at 34-36 and consolidate at 30-31.
That's a sure fire way to make money......Only not.
Last month it didn't paid debt from profit .....there was a specific capital raise to pay some of the debt balance..,,If you didn't knew that the cap raise was at 28c for 25 million dollars, out of which 20 million straight went to WESTPAC BANK. Good decision Management.
I have never met any management of any mining company who is not confident.
They are as always super super confident. Some do promise the sun, moon and stars. Not Leigh Junk.
He seems to be a smart operator.
Australian dollars is thankfully weakening for all other Aussie Gold producers.
DRM is fast approaching 30c.
I had a problem with volume.
As you can see now the volume has picked up on the downside.
This is the real selling. The Jig is up.
I could clearly see what was happening.......but unfortunately some people will only learn better after losing hard earned money.
Volume.......will always tell the truth.
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