+ Watch DMMIF
on My Watchlist
See my pitch in this post: http://caps.fool.com/Blogs/ViewPost.aspx?bpid=294226 / A Look at Two Junior Canadian Miners
The company has excellent high grade resources + low cost plan production. Has also excelent resources exploration potential.Main risk: Located in Ecuador and trying to finalize profit sharing agreement with gouvernement, The mine is almost ready to start...Main catalyst: Once the Ecuador gouv. give the OK (assuming it give the ok), the stock value should increase dramatically!Main issue is political risk in Ecuador. Waiting for the final profit sharing agreemtn with the gouvernment.
Seems like a responsibly run, low-cost mining operation shaping up down there in Ecuador. I like that the CEO resides in-country, rather than in Vancouver or Toronto.
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