OTCQX:DMMIF - Post by User
Comment by
coquitlamon Sep 17, 2013 10:21pm
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Post# 21747346
RE:RE:RE:RE:bnn-charles oliver
RE:RE:RE:RE:bnn-charles oliverDMM share price dropped from $1.60's to $0.60's on very small volume without any (significant) news but as matter of the fact we had best news in many years now with Ecuador passing mining law and uncertainty behind us...DMM shares are probably very tightly held and I would speculate that after considering that between Washer & Sprott controlling almost 50%, other insiders probably at least +5%, other funds +10%...they are not that many shares in public, small investors hands, and most of this investors are probably knowledgeable and understand how to evaluate junior gold miner and are familiar with all games played so they just stay tight and hold on.. it's easy to understand how controlling interests can play with the share price and push direction they want...Sprott PP is coming and than shortly in few weeks we'll probably receive very good news that commercial mining is starting!!!!