DML 0.00% 1.9¢ discovery metals limited

Miksaw - great post and applicable to any share. Buy with the...

  1. 1,895 Posts.
    Miksaw - great post and applicable to any share. Buy with the trend not against the trend.

    I have had a core holding for DML for a long time, but I have traded it constantly. I have no doubt that it is manipulated, you just need to look at how it can go no where and then move 2,3 times the average daily range in a day.

    Copper is looking weak at the moment, infact you could argue that the majority of the commodity sector is.. IF copper falls back to $3.50, DML along with all copper players will drop back.

    The construction phase is boring and normally the sp reflects this. The exploration has promise, but it takes time to prove this up.

    Sorry for the ramble, but patience is needed to wait for the change in trend.
 
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