RE: Is the price as expected? Assess1 eluded to a factor of 4 compared to Westwinds 2 factor on the potential tonnage. I agree, the tonnage estimates are currently low and more drill results will prove Leadbetter has a much higher tonnage than first thought. Lets remember, Westwind was buying at $1.97 today.
The market spent the day digesting this NR. Tomorrow may see another substantial rise in the share price as larger investors and funds,etc..make a decision to get onboard before the next NR, which could come at any time considering there are still many core samples to be released before the mini bulks are ready in early May.
Weather we get in at $1.90 or $2.20 will not make that much of a diference by the end of the summer when we could well see a $5-$10 share price with the release of a few mini bulks. Of course that is my opinion and time will tell the whole story.
I am more bullish on DOR than I've ever been. No doubt we'll see the valleys and spikes going forward over the spring and summer but, I think it may well be worth the wait.
Good Luck to all and begin thinking about attending the party in Wawa at the $15-$20 mark....Mad