DRA 0.26% $1.96 dra global limited

the whole smallcap gold sector is breaking out, page-8

  1. 46,202 Posts.
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    Olympian,
    Very good assessment IMO. If they can accumulate cash before 2011 to cover the redemption of notes or buy back more notes at a discount withount impacting operations all augers well. Prefer notes to be fully paid out rather than coversion to avoid dilution. Gold is good but if price of nickel were to increase over time the Finnish operations could recommence and further increase revenues. This company may have slipped under the radar as it was its hedging committments that were holding it back. That aspect is now totally under control and as you say Olmypian it all hinges on POG as to the extent of the move in sp.

    Good luck to you and all holders.
 
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