DRM 0.00% 33.0¢ demetallica limited

gone quiet on this company

  1. 8,972 Posts.
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    No posts for a while on this fantastic little gold explorer...and to date the 3rd best IPO of the 2009/2010 financial year according to AFR article over the weekend. Would probably be the BEST IPO if you used the peak price achieved.

    1 June drilling update announcement stated it would take 4 weeks for entire programme...perhaps not many trading days left before we start to get some results from this programme.

    I've been buying over the last couple weeks in dribs and drabs (ie as funds become available). I'm actually selling shares in a few other companies I really like because of the massive potential of DRM.

    Hopefully the upcoming results are positive...though even if they are not (unlikely imho), there is so much down the track to look forward (just look at slide 28 of the 1 June presentation annoucnement).

    Cdchi1
 
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Currently unlisted public company.

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