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Re: None

Wednesday, 07/17/2013 4:13:20 PM

Wednesday, July 17, 2013 4:13:20 PM

Post# of 5439
Goldman re DBRM
I'd be curious what prompted Goldman's coverage. i suspect DBRM just came up flagged by a tracking program due to recent share price rise and he decided to write it on his own.
I've been invested in DBRM for a number of years now, and certainly am happy to see the drilling, production and shares climbing. During that time I've talked with CEO Westmoreland many times. I've not asked, but am quite confident he didn't sponsor this report. He's conservative and careful, and, if anything, a bit averse to PR in general. Seems to me like he doesn't even share some of the good news when he does have it. Take a look at the last few years of releases - DBRM doesnt say much, and certainly nothing that sounds like exaggerated self-promotion. He's never worked for short-term pps gains.
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