Jump back in now flaming you could get in Monday for the closing...

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kyngdominion

502 Posts.

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25/08/18

20:38

Post #: 35181815
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Originally posted by flaming ↑

I think Gold has destroyed all the momentum.

I couldn't hold on to this. This was the only gold stock showing me profit.
I had to take it.
The last belting from 38.5 to 30 was brutal. Gave away a lot of profit. I mean a lot. Profits are so hard to come by.
I was hoping & wishing DRM would go over 40c. Now looks very unlikely until gold rebounds.
Will try to live to fight another day.
The company seem to be in good hands but the gold market is extremely difficult now.
I just don't want to hold this to 30c again or below.
Times like this the good will be thrown with the bad.

Right now bleeding heavily on other gold stocks.
Difficult .....I have seen this so many times.....yet it is always difficult to deal when it is ongoing....as we don't know where will it stop or turnaround. Or whether it will turn around.
Everything points to a higher gold price ...but the price keeps going down.
I'll have to get my whole investment thesis reviewed.
It is hard to stay bullish on Gold now.

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Jump back in now flaming you could get in Monday for the closing price Friday 0.345 DRM is not leavings gaps YET...Gold with a massive bullish engulfing candle from Friday night is looking short term very promising that a bottoms in and well what other junior gold stock looks this good ATM...We will run hard very soon few false starts but it will happen IMO..

DRM Price at posting: 34.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

2 Great analysis

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Add DRM (ASX) to my watchlist

Jump back in now flaming you could get in Monday for the closing...

Top Stories

Scientific conference spotlights PYC's work on blindness disease treatment

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

HotCopper Highlights: Your most watched stocks for Week 47, 2024

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

Sales growth pushes Lovisa's fortunes (and shares) upwards

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects