OTCQX:DMMIF - Post by User
Post by
coquitlamon Sep 04, 2013 10:25pm
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Post# 21719103
irrational markets
irrational marketsI understand that that almost everybody wants to take shot at Ecuador mining laws, but just to start some conversation let's look at valuation of Gabriel (GBU) and compare it to DMM.... GBU has market cap at almost $600 mil and if they are lucky to receive permit and follow up building mine they must give to Romanian goverment 25% + 6% royalty..big protests to stop mine also are going on....our DMM with market cap $32 mil + almost at full production level with new defined mining law .......aren't markets fun and totally IRRATIONAL