DMIt's amazing what one reads on here. We have investors in panic mode and others are demanding news releases to take away the pain. I certainly wouldn't say this stock is in any pain. Has anyone seen the rest of the stock market lately? Unless you've been in uranium for the last few months, nobody is really making any money. The fact that DM has moved sideways is certainly better then a kick in the head. You can't time everything perfectly, but the numbers for this stock are there and when the market settles down money will move back in. DM is perfectly set for that.
Do I feel DM should have been moving up over the last few months based on their news releases? Absolutely! Disappointed that it hasn't? Yes! However, given their revenues and a number of things in the pipeline ready move, it's only a matter of time. October has never been a good month for the stock market so it's a matter of waiting and keeping some powder dry for possible investment.
DM came out with an updated revenue guidance of $50 million from one production company. That should have certainly moved the needle, but it didn't. I'll admit, even I was surprised on that one. However, there is still a lot more to come and news will be released when there is news to be released.
I'll be very interested to see the Q3 revenues when they get released in November. Q4 should be amazing! So much more will be added in for Q4 and by Q1 next year those number will probably be even better. I know a lot of investors are frustrated with the lack news or updates on the drone aquisition. That has certainly been a head scratcher in regards to the TSX approval. I still believe MediCall with be a game changer and that one is just around the corner. The $40 million cobid may materialize some time this month and of course we have Andrew in South Korea. I still can't believe the number of investors that can't see the value Andrew brings to this company. Andrew is the company's liaison to S. Korea. Where do our covid test kits come from? Where are a number of our current and future AI contracts coming from? Do investors seriously view him as a liability, because this stock would not be where it is today with the potential it has moving forward without his connections. Even Marshall has made that clear in the discord, which has clearly fallen on deaf ears with some investors.
As for Fobi AI, they are certainly on an aqusition spree and have been a news generating machine, however their AI is not the same as DM's AI business. And sure they have received a number of contracts, however the dollar amount of many of those contracts are far below the single $900 000 AI contract DM received. DM will move! It has the balance sheet, the current revenues, MediCall roll out, AI contracts, drone and money in the bank.
It's hard not to be excited about this stock and for those investors that say they want out, I have no doubt that your opportunity will come, but I doubt they will leave. As for others that have made similar comments, I doubt they're even invested in this stock. I've noticed the bashers are out in full force all over the bullboards. Afterall, it is October.