OTCQX:DMMIF - Post by User
Post by
sancabon Sep 09, 2013 8:29pm
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Post# 21728304
DMM status
DMM status300 tons/day operation @ high grade veins is going to produce good cash flow..
plue 5 concessions. so that 1500 tons/day
this will continue until their costs are covered
then the windfall tax takes effect...
but till then, the stock price is under valued.
i'm surpised its lasted this long without being taken over.
speaking of takeoever, Wash+Sprot can just just this up now @ $2/share and take the company private.
since Kinross is out, maybe the QoE will give their consession to DMM..
atleast DMM has something concrete going on.
who knows!
maybe Kinross will buy out DMM ...won't that be a surprise!
its possibles.
they gotta get their $700mill back somehow
in the mean time DMM should start producing some good results...
and the share price will take care of its self