DES 4.26% 9.0¢ desoto resources limited

horrible, page-5

  1. 6,676 Posts.
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    Sgoni, your right about it being hard to understand, I had it on and off my watch list for quiet a few years and only bought in this year once I thought I understood the company well enough to put money on. I think a broker would need a team of analysts to acurately cover this company. (incidently, I did come across something that lead me to think a broker may be running the rule over DES).
    I think DES has lots of upside, while its downside is underpinned by, dare I say "Bricks and Mortar".
    Seems Tuesdays buyer got his/her fill, although may have popped back for a smaller slice yesterday. Buying at 25 cents is cheap IMO and provides an opportunity to return a 100% inside 12 months. I'm tempted but have a few red stocks slowly climbing out of the gutter from the Sub Prime August hammering.
    I am also anticipating SPP or similar.

    Des has a video powerpoint presentation dated 26/10/07 in the investor relations section that is worth checking out, if you haven't already.

    Hang in there.

    Oscar
 
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