OTCQX:DMMIF - Post by User
Post by
LittleOwlon Dec 17, 2017 11:37pm
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Post# 27175767
THIS WALL OF WORRY IS ONLY A TINY FENCE; JUST STEP OVER IT !
THIS WALL OF WORRY IS ONLY A TINY FENCE; JUST STEP OVER IT !Take a step back people. Washer's sales and disclosed sales plan is PEANUTS. Maybe from the small individual shareholders' perspective it looks like the world is going to end but if you could take a look at the big ocean outside your fishbowl you would realize that these sales are really completely irrelevant.
As for the loan issue that has people here tied up in knots, it is a non-issue as well.
To keep it simple, a bank will ONLY lend money if :
(a) The borrower has demonstrated to the lender the ability to repay
(b) The borrower has provided good quality collateral to back the loan
(c) A comfortable margin of safety has been computed for (a) and (b) above.
So, if bankers, who have access to more information than anyone on this board as part of their due diligence process, are comfortable enough lending money to the company, why worry ?
I don't, and actually, it makes me feel MORE confident.
I said BEFORE LINDEROS and WITHOUT COPPER DUKE that this little gem is worth $200 million or around $2 per share. There are now valuation estimates that put the price tag at around $3.50 (fully diluted) for a market cap of around $500 Million !
Is that a good enough margin of safety for you ?
OK, now you can all go back to sleep...