Post by
tombethune on Jan 31, 2021 8:16pm
all time highs
Does anyone here know why DSM was once trading at over $1000/share?
I get that it's not going there again unless they strike some diamonds or gold, but curious to know what it was.
What are you projected prices for this when they've broken ground and cu is at $4, $5, $6/lb?
Comment by
Yepnewpapy on Feb 01, 2021 11:47am
Personnal opinion: Haib will be sold to China after the infill drilling is completed and 43-101 is updated. DSM working cap is 7,000,000$ Canadian, more than enough to drill 12,000m NPV is 950 millions 20% of NPV is around 1.80$ per share sooner than later Because China need copper supply.
Comment by
tombethune on Feb 02, 2021 9:54pm
that $950 is at $3/lb. the article that you recently posted has a forecast of $4.5. If your predicition is right, I like it!