OTCQX:DMMIF - Post by User
Comment by
sysaphuson Mar 11, 2010 11:14pm
245 Views
Post# 16874182
RE: RE: RE: RE: pdac
RE: RE: RE: RE: pdacMaybe they did think they were under promising at the time. LOL.
Point is $hit happens and I think considering the country being Ecuador and management being management that one should not be terribly surprised by delays or over promising. IMO delays are the rule rather than the exception.
I know I"m not surprised but then after holding Aurelian and CTQ [recently sold] for several years not much surprises me when it comes to management or Ecuador.
Dynasty over promised and under delivered and paid for it with a 30% drop in price.
If one bought DMM close to the highs expecting a quick profit I could see where there would be some disappointment but that same 30% drop could also be viewed as an opportunity.
If one did their DD and found this to have value at $6+, at $4 it should be even more attractive.
The wait is a bit longer is all.