$DMR.v price consolidation continues. Watch for catalysts. With Damara Gold (TSXV: DMR) shares continuing to consolidate around lows of $.05, updates on the company’s Placer Mountain project are high on my watch list.
Damara has continued to intersect high-grade gold at the Kodiak Zone, seeing yields up to 46.51 g/t Au. The company also increased its land position at the Placer project, bringing the total project area to 17,519 hectares.
Excited to hear updates from Damara in the near future to hopefully spur a breakout from consolidation. There’s huge potential here given the company’s current MCAP of $3.13 million.
$DMR.v is currently trading at $.045.
https://ceo.ca/@thenewswire/damara-continues-to-intersect-high-grade-gold-at-kodiak