Quick bump for DTM, they are currently drilling a second drill hole into a big molybdenum “halo” that has a strong IP anomaly. Share price has appreciated in anticipation. The first hole was a ‘technical success’. Hoping to see some piccies of shiny bits from the second drill hole. The anomalous Moly zone looks big enough for a good sized target. DYOR. No followers for this one for a long time. May just be off everyones radar.
Under the radar may well be right Doog.
I don’t muck around with shares much anymore, but I put a few dollars into this company recently ….
Firstly, I did that on the basis of a 2-3 year plan cause I don’t think they will be one of those pump and dump style stocks … so if punters are looking for a quick kill, I don’t think this one will fit the bill … imo ….
Interesting stats …..
Only about 50 million shares on offer .. very tightly held
Directors hold a substantial amount of shares on issue … about 30% but don’t quote me …… Rimered Super Fund recently bought about 9% of the Co round November 2009 ( http://www.businessspectator.com.au…uys-59m-Dart-Mining-shares-Y5AKV?OpenDocument)
(http://imagesignal.comsec.com.au/asxdata/20091125/pdf/01015308.pdf )
Lots of other interesting stuff with this Company, but best if punters do their own research ..
Dart 2009 Annual report .. ( http://www.dartmining.com.au/admin/upload/DART_AR_09.pdf )
I have spoken to the management and like their vibe .. Their projects look very promising …… cash will be required down the track to realise their potential, but with such a tight share register, any further resource upgrades within the current budget, will only amplify their potential of getting some quality “heavyweight” investment.
A punt, but a reasonable punt in the medium to longer term I reckon, especially at the current sp …….