DMG 0.00% 0.7¢ dragon mountain gold limited

Hi everyone who's into the DMG story - everything seems positive...

  1. 166 Posts.
    Hi everyone who's into the DMG story -

    everything seems positive -
    Imminent resource announcement,
    recent communications with the public by DMG management (their open letter to investors)
    Revitalized management team

    there's is only ONE weak link, with one BIG WHAT IF factor:

    Not Master Chef factor:

    1) WHAT if the Chinese won't bite?
    2) What is the Chinese bite, but they know we are SHORT of FUNDS?
    3) WE ARE coming into the short of funds period - in 9 months, 3.4 million was spend, last quarter alone was 700K plus, as of 31st March, we have 1.9 plus MILLION dollars cash, so, now that it's late July - we are RUNNING SHORT of cash -

    Just a very skeptical side of me shouts - is this a pre milking the investor for MORE $$$$$$$$$ with positives?

    Just the skeptical me,

    Holding: agathos, perth.
 
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