DML discovery metals limited

time is all dml needs

  1. 44 Posts.
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    A few things need to be realized;

    1. If you buy into a company the day you pull the trigger you no longer have that money. you own a percentage of the company until such time you sell those shares.

    2. No room for emotion when you invest in speculative stocks you should always count on a calculated loss and if the risk is too much the don't do it.

    On those two principals alone look at the company. Was it a good buy at $1.7 or $1.4 or $1 down to the lower prices we see today.

    IMO yes looking forward into the future. Whilst the company has had a rough few months on the stock exchange. DML have done something important, got on with the job. Yes the price has dropped but why, Is it poor management? Or is it factors outside managements control.

    Expecting a new company to get costs under control, renegotiate debt payments, increase production and continue development is a very big expectation one that DML is handling and delivering on time.

    If you brought in at $1.7 nothing has changed DML are still DML. The fact you cant use your money to gain a better leverage position is quite possibly a main reason to be upset with the call made by investors. There was no money to be made at $1.7 in the short term so ??????????

    As for myself i think i will hold and maintain a positive approach to DML as i can see bigger things for the company. Who have their first mine operating and producing, On time with the production on the increasing side and costs on the decreasing side. What the Price does is irrelevant at this stage as the company is moving forward and meeting expectations. copper prices are a little down most mining stocks are taking a hit, Bots trading, Takeovers and the global economy. you could nearly say as the Gold Coast Suns start to become a more competitive side AFL. DML will become a better price on the ASX.

    Lots of positives and manageable negatives.

    Give them time.
 
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Currently unlisted public company.

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