DRA 2.37% $1.95 dra global limited

It's little use speaking to Management as they're too savvy to...

  1. 10,833 Posts.
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    It's little use speaking to Management as they're too savvy to give out price sensitive info - eg.they're not going to tell me they've had production problems at the Orivesi mine this quarter.
    I'm willing to accept that there might be some price manipulation going on,so as large blocks of shares can be bought from the Swiss at cheap prices as they become available.
    Let's hope management can negotiate a JV with Agnico Eagle at Hanhimaa as they have deep pockets and a 2010 budget of $7mil to spend on exploration outside of their mine in Finland.
    Management always moves very slowly and cautiously with development proposals so just as you think they're going to do an underground development at Svartliden they come up with a reason to postpone it.The recent past is littered with similar postponements including Kutema Deeps and as sure as night follows day a similar thing will happen at Jokisivu underground developments.
    This is not a stock for the impatient and will never do a DRM.
 
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