GREY:DULMF - Post by User
Comment by
green24on Sep 27, 2012 11:55pm
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Post# 20423428
RE: RE: RE: DM Top pick by Brent Cook on BNN tonig
RE: RE: RE: DM Top pick by Brent Cook on BNN tonig How did Brent manage to purchase DM on September 24th at $2.15? That little discrepancy aside, I'm curious... Some fool who seems like they would be good at writing spam, and uses way too much highlighting in their posts, was talking about DM having a resource with an equivalent 33 lbs of Copper per tonne. What is that, about $120/tonne? Next question. Open pit or underground? If open pit, what is the strip ratio? If underground, well, I'd wonder what the actual profit per tonne could be. I wouldn't be trying to calculate the valuation of the in-situ metals.
I'm also curious about why DM was trading in the $1.40s in July. Has something happened to double it since then? I haven't kept up on your companies news releases.