Dart Mining (ASX: DTM) has had a recent jump in share price that must give shareholders some relief. These guys should be brilliant, but they haven't been. At 1/2 a cent there is room to play here, although I do wonder if there might be a slight pullback in the next 48 hours.
Yes, they are drilling and this means that assay results are due soon. And if they are good (it is always expected that they will be good, but be careful of expectations) then the share price will jump substantially.
If I were a shareholder, I would be asking the CEO about their Molybdenum project and when they are going to blow the dust off that one again. The price of that metal has jumped 5x, probably due to China's action.
Yes, I have been a shareholder of DTR before and I have had many conversations with the CEO. The Molybdenum project was mothballed when the price of M plummeted. Is Dart ready to reopen the mine? Only James knows the answer to that.
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