Share
1,484 Posts.
lightbulb Created with Sketch. 43
clock Created with Sketch. 10/01/18
12:05
Share
Originally posted by nsw004
↑
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.
Expand
DRM has consolidated very strongly at the 25cent mark. The market has confidence the new MD has steadied the ship. A decent quarterly report later this month will put another rocket under the price.
