LOL. Sorry, I can't help you out here. I can only tell you what I think and what I am doing and it's all IMO.
DPBM is an 'I told you so' waiting to happen. So far the detractors have been winning that battle for over a year. And despite what SOS thinks we haven't hit bottom. On the pinksheets there is NO BOTTOM. Once you hit .0001 you just reverse split and go lower. I posted chart a month or so back where this had happened for two years. We are far from that so far, but when you think something has dropped as far as it can, you are always wrong.
Anyway, so far the detractors have been right, from fugeguy and his personal vendetta against Wilf on down. If they had been listened to people wouldn't be losing money here, that's historical fact. I personally have taken this approach for the most part. I don't leave money in DPBM for extended periods of time, pinks should never be invested in, just traded.
On the other hand DeepBlue is in an interesting business where it's financial situation can change overnight. Who knows what they might find and have the stock jump up 10x. Then there will be a lot of 'I told you so' coming from the other side. Will they be right. Maybe. Not from the perspective of those who got in at .60 or .20. Yardboy made the bold move to average down only to have it drop 50% again.
At the time I thought he did the right thing. The deep site had a lot of promise. Now I don't know. I got out after the first conference call in the 20s at no loss. I bough back in at .12. My money was back off the table again as soon as I heard the deep divers had been let go. The deep site was the only thing that kept me here and obviously nothing is going to happen there for months if ever.
I don't know much about the DR site, but I am sure the payoff is nowhere is big as a treasure wreck. I'm sure even if they make a good find ($50M of which we get like 1/2? 1/3?) that it will end up going to 'expenses' for the past and next year and the shareholders will see little value from it.
So as far as I am concerned my money is on the sidelines for now (except a small lotto ticket which I am willing to lose completely).
