Desert Mountain Energy Corp V.DME

Looking for opinion

[GoldenArm]

I bought a bunch of shares at 0.78/shr. I sold some and bought more (not a lot) back at 1.50 so my average cost is 0.80/shr. I'm thinking of selling everything else in my TFSA and buying DME which at yesterdays close would mean 10000 shares but my book cost would rise.

Is it a good idea?  I'm leaning towards Hell Ya!

I bought DME is another portfolio as well but I bought that to keep the price over 3.50 and sold them at 3.90.

[ScaleofSale]

Golden, it comes down to a couple simple personal decisions. How long can you wait? What are you willing to risk, and how solid is your research/knowledge versus what is known? You clearly know what the potential is. I waited a very long time before I started buying, even though my information was solid. I am generally risk averse, invest, don't trade and usually bounce before the top. I leave

[fausthimself]

You're getting a hell yeah from me. I originally bought in at $0.23 and then doubled my position at $0.19. I held onto those and decided a few months ago to double my position again and then some. My average price per share went from $0.21 to $2.54, with DME now making up around 98% of my portfolio. This company may very well outperform any other stock that I can think of, so the more shares

[Buyhigheatchips]

I challenge anyone to find another company poised for massive success like this one with the same risk reward ratio. I say we give any replies a pass on deviating from DME talk only. Let's hear it.     

[GoldenArm]

Thanks everyone for your 2 cents. I've decided to double up on my position and hopefully execute on that plan next week.

[Fredo51545]

None of my business but no position should be one"s only equity exposure. This project is only partially de-risked. We longs are relying on management claims currently as to resource quantity and expected selling price. Until an independent reserve report confirms these claims, reserve quantities are unknown. Furthermore, there is some question about their ability to sell to end users. Some

[HeliumHigh]

Apologies for the delayed response on this one (my day job can be a bit consuming). I actually have one: Isoray (ISR on NYSE/AMEX). However, it's a very different type of company than DME (which I like for diversification, but certainly isnt for everyone on this board). ISR (1) is flush with cash (over US$50M), (2) operationally close to breakeven (even at currently low sales levels), (3) pre