Sold out today after holding DRM for a while and riding it from $1.20 down to below 20c and then buying on the way up. I wasn't sure about the buyout by SLR but it has paid off in spades and more. Putting the insider trading bad smell to one side the boards of both DRM and SLR have done the buyout very well with a win-win outcome for the shareholders. Getting bigger doesn't always work. Of course they have been very lucky with the gold price.
i am happy to bank my healthy profit after being under water for a long time, but the company looks in good shape in the medium and long term. Short term they look fully valued but that could change quickly with some good announcements. The best of luck to continuing shareholders.
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