My 2 cents

Okay – I haven’t been to this site for a while but I just had a look and I was amazed at just
how gullible some people are. Bigdreams continues to have his 2 cent’s worth and everyone
is whipped into a frenzy. Now I realise that this site is there for punters to post opinions but
really, some of you need to take a good hard look at where DML is headed.
All of your time wasted on mining, cost and profit projections yet the company is lucky to scrape together enough cash to keep operating. They can’t get together enough funds to pay Sedgman a few million owed from a Court settlement. From memory don’t they also have a $100M credit card which is burgeoning out of control with excessive interest charges accumulating daily?
And please be aware – if a company cannot make a profit from open cut mining, it is most unlikely that they will improve profitability by going underground.
Some posters are suggesting that DML will re-list at 6 cents and someone else suggests they will “test” the 11 cents barrier. Really – when do these people stop dreaming and face reality?
As I have mentioned before, DML is heavily tarnished in the market place as are their directors and management. How can you even trust that the figures shown in the recent quarterly report are correct? Why is there no cash left after those supposedly great figures?
The crowd that made a bid of $1.75/share for DML checked some of their figures and ran 100 miles away.
There is a strong possibility that DML is a dead duck and if it eventually goes down, there will be nothing left for ordinary shareholders after the banks have sifted through the ruins. So there is no need or justification in trying to ramp a company in their present situation. DML punters have to shake their heads and accept they have backed a loser.
All of us who play in the stock market will come across a “dog” stock at some time and you just have to cop the loss and move on – it is no good trying to get others to go down with you on a sinking ship.
Let’s hope the company does re-list to give you the opportunity to sell for 1 cent and get something out of the wreck. And don’t worry, there are plenty of other junior explorers out there who will gladly accept shareholders’ funds to keep themselves in a job for a few years.