Value Microcaps Junior Miners

[checkmate28]

LC DMM.t Dynasty Metals +90% today at one point. Whats your take on todays news and current valuation? I quadrupled my position Mar 31 per my post on stockhouse (below) when the mine basically came to a screech due to the CF crunch. To much value and potential for them not to pull out enough value to move the shares nice on a bounce. I likened it to what AUMN did to pull the shares from .15 to .94 in a few months time. I couldn't get to the computer to sell today for a quick 80%. Probably tomorrow.

Risky speculation. Market cap still only $10 M Receivables might be $16M. If they raise say $8 to 10M cash, they could have both mines cash flowing within 90 days, Zurma would CF immediately with $1250 Au and they could start paying the loan in June

Whats your crystal ball saying?

----------------------------------------------------
Its dire but there is opportunity Checkmate28 April 1 2016
Londry and Marbob1 You both make great points and I am agreeing with you. You can buy the shares now at a $6M MC. Throw in $10M receivables for a $16M EV.


Now this is my opinion and I claim to know much less then the true longs like TAD and others who could pic at the details, but heres my reasoning, and the reason I added 2 times yesterday and will add at the sight of more weakness.

While they are in a dire situation, and obviously going more negative on CF, there are too many assets, too much infrastructure and too much near term potential for this to fall apart. They look to be about $10 M away and 6 months of time from being a profitable gold mining company with a nice growth profile. 6 mths time, being what I guess it takes to get Dynasty pit producing and Zaruma under control. They could work with suppliers to wait until Dynasty is running or be part of a painful reorganization. The cash would solve everything as all inefficiency's now, are due to not enough cash to get things done properly.

http://www.stockhouse.com/companies/bullboard/bullboard/t.dmm/dynasty-metals-mining-inc#kpvS025wDDGDkK20.99