agree with stimpy6 if it was so oversubscibed it would indicate too cheap, they also have a bunch of money in kitty , and sure if needed they could renegotiate their outstanding loan obligations, for me first negative I have seen in corporate governance from DRM The plus is an accelerated drill program will better define the orebodies and thus more accurately determine the direction the drive will take into Judy and Suzy.
Competitive drilling costs will be around for a long time now anyway so not a factor IMHO.
DRM Price at posting:
87.5¢ Sentiment: None Disclosure: Held