The exciting variable for me was the prospect of recommencing production at AW and bringing production ounces to the mid-tier level. However, despite company representations that the “AW decision” was expected in late June or early July and it now being September, my conclusion is that AW is not commercial and nobody wants to buy it. That changed my views on holding DRM. It also took me several days to exit my holdings so the poor liquidity of the stock does not attract me to do a ST trade.
DRM Price at posting:
34.0¢ Sentiment: None Disclosure: Not Held
