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DTR Reasoning

 So why did I buy into DTR?

Well, this time the shareholders are disgruntled and very unhappy. The company has mothballed its mine and gone looking for a joint-venture partner.

I figured that the share price was about as low as it was going to get (ok, it went a little lower, but it bounced back). I know that these guys have a good gold mine and it is also full of Rare Earth Elements. However, it seems that they have realised that they lack the skills to take advantage of their asset - hence the need for a partner.

I think that when they do get their joint-venture partner, and that might be sooner than many expect, the share price will jump enough that I will realise my 20% profit and be out.

In the meantime, I have been pushing the MD to get a PR buzz going.

Do I think that DTR is a good long-term investment? I think it has real possibilities and a srong future. But for now, it sits in my plan parameters.

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