takeover, page-6

Hi Patty,

Nice to see you here :)

IMO, a chance of a dividend from a small miner LOL !! NIL !!

However, there are two distinct possibilities for DRA IMO:

(1) Takeover in the short term. A major holder has been accumulating and as many have already stated on this forum the SP has been very subdued of late.

(2) If no takeover occurs then a strategic approach from management to focus solely on Scandinavian based gold mining and:

(a) Increase production from existing mines
(b) Increase JORC resources/ reserves from existing mines
(c) Bring into production at least two new Finnish mines
(d) Exploration from identified Finnish "anomalies"
(e) Clear the debts from convertible notes
(f) Build cash reserves

All just my thoughts. Out of interest Patty, I have refocused from base metals into gold and thus my BSM money is now employed here :)

Cheers
John