Hi Colshaw, I have been a share holder of MYG, but got...

  1. 4,485 Posts.
    Hi Colshaw, I have been a share holder of MYG, but got disillusioned with what the previous management were doing, or probably more appropriately not doing. I have only become a shareholder in DRM after this announcement of the takeover as I think its a good deal for both considering the current environment.
    I know & dealt with many of the management of Doray over the years & it looks like they have got a good team together. When I first looked at Deflector it reminded me a lot of Challenger & I assume Peter Alexander sees some of the same similarities. If Doray can get their head around the metallurgy then I think Deflector can be a company maker. The metallurgy is the only thing that has concerned me about this project, other than that I think its a gem. High grade with huge exploration potential.
    They put down a 6.5 year mine life on Deflector, I'm confident this is a 10 year + mine.
 
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