Ann: Trading Halt, page-71

He has jawboned it up so his investment is looking good, not because of the mine but because the market has swallowed the story and isn't factoring the risk which I see as skewed asymmetrically to the downside. I said the valuation was being stretched a few days ago when it started to break 30cents. The CR price (which is a major coupe for the company if successful) proves I was right. That's the only thing management have done right if they can sell these shares at 28cents IMO. The jawboning has worked. Gives them a chance to dig their way out of the trouble they are in, so apart from the price it trades at, I like the company a lot more after the raising than before (not that I would buy it though).

It's also funny how investors lump all this companies into the same speculative baskets. I view miners as one class, developers as another and explorers as a third class when allocating my portfolio weighting. So for me DRM has to compete with its gold mining peers to find a place in my portfolio. The company carries too much risk for a gold miner to pass the criteria I use. There is no point investing in risky gold miners in my opinion. The miners should be the rocks (ballast) of your portfolio not the where you want to see the next flash fire start. That's what the real speculative stocks are for. Esh