DML 0.00% 1.9¢ discovery metals limited

Thats's right HH,The doom and gloom at the moment is with Iron...

  1. 426 Posts.
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    Thats's right HH,

    The doom and gloom at the moment is with Iron ore which is becoming over supplied. Thid is not the case with copper.

    http://blogs.marketwatch.com/thetell/2014/03/11/copper-prices-may-have-hit-the-bottom-next-move-up-barclays/

    although nothing is certain until the deal is executed, i am a lot more comfortable that this deal has a more solid footing than Montsant or Blumont.

    i anticipate we have to wait till June 14, when DMl presents at the Bostwana conference that we will see more such reports after analyst and brokers have more information to hand.

    in the mean time, i attach a "2010 broker report" for all to read about the pro and cons of Boseto (which unfortunately was proven to be correct).

    http://www.proactiveinvestors.com.au/companies/news/4041/botswana-copper-silver-district-holds-major-promise-for-discovery-metals-4041.html
 
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