OTCQX:DMMIF - Post by User
Comment by
edxon Mar 01, 2012 10:21pm
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Post# 19615112
RE: its all over the news wires now
RE: its all over the news wires now You know, someone ought to tell them they could sign an agreement with DMM and see commercial production as early as the _day after they sign the agreement_.
In my opinion, there's zero chance DMM gets a commercial agerement before some major gold player gets one - they can't set a precedent with a junior. And quite frankly, I wouldn't want them to - Wolfe(?) said it best, the difference between a $5 and $20 (note i'm not sure I agree with those numbers, but they demonstrate the point) stock price is a better deal for the juniors than the majors. Zero chance of a better deal for the juniors if they don't sign a major (or all of them) first.
I'd bet DMM is top of the juniors list though, given it has the mine already built.