GREY:DULMF - Post by User
Comment by
yoda2on Jan 21, 2014 9:39pm
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Post# 22118496
RE:RE:RE:NEED for Finances? when does DM run out of $?
RE:RE:RE:NEED for Finances? when does DM run out of $? redmetal why do you feel so comfortable?
The stock price is near a five year low despite all the good news. Something negative seems to be hanging over DM. Could it be the difficulty or the costs of acquring sufficient financing to fund the current 35% share of the costs of the Twin Metals Project, DM's separate 100% owned exploration program and the not insignificant administrative costs. All of this, while waiting for Antogafasta to exercise their option on the Twin Metals and to make a large cash payment to DM.
DM has valuable resources and the stock seems underpriced. Yet is there some significant risk that DM could become trapped in a cash bind?|
Your thoughts would be most welcome.