what are the lessons to be learnt, page-6

I think it might be interesting to see how a stock that is not debt heavy goes under similar circumstances. I had to take a small loss on BTR Friday, but their balance sheet in comparison to MBN is fantastic. Really cannot see a good reason to take a big risk on a debt pig. BTR is not a debt pig, but has been smashed up all the same. Obviously very different operations. Possibly BTR provides a safer opportunity (although I am not, and possibly will not be, holding BTR in the short term, as SP is going down - not recommending it either), than a debt heavy miner. BTR (AIM it was then) had to put Perkoa into care and maintenance in 2008 before it was completed, but came out the other side and still survived to fight another day.

I've never looked into DML - but note that they have $140m of net debt or so. Heavy debt IMO.

Just my opinion.

GLTA