DRM 1.80% 54.5¢ doray minerals limited

@flaming , DRM has performed extremely well commencing its...

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  1. 7,365 Posts.
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    @flaming , DRM has performed extremely well commencing its initial run at 16c to 38c. Any company that has run so much is due for a pause. I call it consolidation, for the gain it has achieved. I look at the chart, it is due to continue its run to the 60s. When I researched the assets of DRM and the projected production, it is due to increase its current production by another 25%. Basing on the technical analysis and the fundamentals I am willing to put my money on DRM instead of the peers you mentioned. Also on the plus side, the Ozzie dollar appears to be weakening which will mean increasingly profitability for DRM. I have orders placed at 32c but only managed to get very limited quantity. In other words, DRM shares are tightly held. To get some more, I May have to raise my price. Good luck to your buy order at 28c.
 
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Currently unlisted public company.

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