Ann: Strong Support for $4m Placement , page-4

what do you mean by "loyal shareholders"

judging by the turnover, people were getting out as fast as they could.

"loyal" shareholders, are often shareholders that have paid too much

great move by drm to raise $4m at 60c per share - there was very little dilution, raised a motza, and at a mild discount to the share price

watso has noticed that some companies, seem to make placements at a fraction (yes - a fration) of the price, that the shares are trading at, on a particular day (eg - one day a stock might be 2c - and the next day, the stock is 10c - and the company manages to do a placement at 2c).... watso is aware of one stock, which when announced, was placed at 1/10 th of the days high...ok - the placement was probably organized the previous day, when the stock was running - but the placement was still done at 15% of the previous day's closing price

back to drm

watso does not hold - but it could be an interesting stock. the grades are good enough, for the ore to be sent somewhere, to be toll treated