sharetrader
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  1. #1
    Senior Member
    Join Date
    Sep 2012
    Location
    Auckland
    Posts
    897

    Thumbs up DRM - Doray Minerals

    One for the goldies,

    DRM - Fundamentally - payed down debt with recent CR, producing gold + copper, uplift in gold production and cash flows. Price based on forward multiples lower compared to pairs.

    Technically - Just moved into uptrend on good volume. targeting 45-50c so plenty left in the tank.

  2. #2
    Member
    Join Date
    Jan 2015
    Posts
    486

    Default

    still a long to way to go for me tho... average around 41c...good to see the recent movement..

  3. #3
    Senior Member
    Join Date
    Sep 2012
    Location
    Auckland
    Posts
    897

    Default

    I bought a small parcel last week based on a tip. The more I looked the more I liked. Hard to find anything wrong with their recent strategy. Based on the chart though it looks like it has been a long road for many shareholders. Turn around is playing out!

  4. #4
    Update Ready To Install
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    6,159

    Default

    Good on you NZS, I have sold my trading half (bought re 22c) and kept the other.. There is already a thread for DRM.

  5. #5
    Senior Member
    Join Date
    Sep 2012
    Location
    Auckland
    Posts
    897

    Default

    Cheers - I thought a clean slate on this one may be required haha (I couldn't find the thread)

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