I'd be looking to see a move for DRM towards $1.50+ range for support into mid 2013 with all things going smoothly in the lead up to production (IMO DYOR).
Agree that on the junior cycle we're into that 'pre-production' 2nd bump post BFS/financing/FID into construction towards production. As you stated, they have the team capable of doing this effectively.
Great time to be doing so with POG breakout - here's hoping for a double bump over the next 12 months on transition to producer as well as POG upside.
DRM Price at posting:
94.4¢ Sentiment: LT Buy Disclosure: Held
