DRM 1.80% 54.5¢ doray minerals limited

DRM Chart, page-126

  1. 2,125 Posts.
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    If DRM remains as a standalone entity in oncoming years, the SP will simply amaze all the cynics over here over the very long term . I know my LT charts, that is why I got in at 18.5 c range here three times. EW LT target for POG is USD 7800 over next decade , but I think the gold price may truncate around USD 5000 range may be over this period ( to be conservative ). This process may take 6- 7 years IMHO, so if DRM stands alone during this period, we are looking at some amazing LT SP targets over this period. Guys will again say LOM is not much, but again they are wrong here IMO.

    HC rookies are mostly wrong both on their estimates on the LT downsides ( they do not understand how much even a good stock can fall in a bear market ) as well as LT upsides ( how much a good stock can go up in a bull market ) , that is why most do not make any significant money. Here in DRM again , mostly every one will vastly underestimate how much DRM can rise over next 6- 7 years ( but again the condition is WGX or any other shark should not swallow DRM during the period in which case bulk of such upsides may be lost ).
 
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