DML 0.00% 1.9¢ discovery metals limited

lets just hope it doesn't happen anytime soon.Next week will...

  1. 63 Posts.
    lets just hope it doesn't happen anytime soon.

    Next week will suck for DML: Blackrock will probably offload the lot much like CFC. Guessing we will see a new low. But I want this to happen: Once BR are out, my hopes are:

    > no other major SH exits
    > no further systemic risk (i.e. US gov credit downgrades, or Botswana joins the USSR etc)
    > a decent production report along the same trend
    > a decent communication or WTH is going on from board of directors

    And we might start seeing back up to 15c in 6 months.

    Otherwise if an offer comes now, it will be <10c.

    >>>>> But as we saw in the spike in august (60% increase in a day): all we need is one player to make a punt on it and take a liking to DML to see some decent appreciation. I think the stock is reaching it's lows not due to any beta/copper correlation but simply due to lack of insto buyers. All the ma's and pa's in the world are not going to soak up BR and CFC' stock.
 
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Currently unlisted public company.

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