Its rare but great to be in a share like DRM with the expectation of very good results weeks or days away - accumulation has been taking place and the spring will be released shortly - Importantly the gold price has reversed with a bullish engulfing on the daily and a hammer on the weekly both strong reversal signs - Gold looked as if it was breaking down the other night and broke support and was trading at 1237 but quickly reversed and looks OK now at over 1250.00- All stars need to align to make big bucks on the ASX - No use being a Gold miner releasing great announcements with a collapsing Au price however it looks as if all the stars are starting to align for DRM - tomorrow 6th July marks the anniversary of the AW closure announcement with a big fall would by nice for a positive announcement tomorrow with a big rise but hey that is wishful thinking...
DRM Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held
