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DRM, DORAY MINERALS LIMITED |
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In Reply To: blacksheep's post @ Aug 8 2018, 03:37 PM DRM have just released the following statement QUOTE INCIDENT AT DEFLECTOR GOLD COPPER MINE
Doray Minerals Limited (“Doray†or “the Companyâ€ÂÂÂ) (ASX: DRM) advises that at about 12.10am this morning there was a fire involving an underground loader at the Company’s Deflector Gold Copper Mine, approximately 50km south of Yalgoo. While the extent of the fire is still being investigated, the Company can confirm that all underground workers are safe, uninjured and have returned to the above-ground Deflector site office. Throughout the incident, the Company’s priority was ensuring the safety and well-being of all underground workers. In line with the Company’s standard safety procedure, at the time of the fire 11 underground workers moved to their closest emergency refuge chamber before being escorted out of the mine by the site emergence response team. Underground operations at Deflector have been temporarily halted. The Company will provide updates as more information becomes available. -------------------- The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler
If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington |
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Hope all are safe
Workers flee fire at Deflector Gold Mine in Yalgoo Staff reportersThe West Australian Wednesday, 8 August 2018 3:12PM QUOTE A fire is understood to have started at a mine site in the Mid West today. The fire started in a pit at the Deflector Gold Mine in Yalgoo. Details are unclear although it is believed workers sought refuge in an underground safety chamber. It is not known whether anyone has been injured at this stage. https://thewest.com.au/news/mid-west/fire-s...o-ng-b88922025z -------------------- The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler
If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington |
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A bit of speculation this morning The Australian - extract below -
QUOTE Fresh from striking a deal to buy Evolution Mining’s Edna May mine in Western Australia, Ramelius Resources is now thought to have its eye on numerous other targets, including New Gold’s Peak mine in NSW. A takeover could even be on its agenda: Doray Minerals is possibly in its sights. Advisory firm Deloitte is working with Doray Minerals, fuelling speculation the listed miner has suitors. Doray’s market value is $80 million and it is an Australian gold producer with two West Australian gold operations, including the Deflector gold copper mine, which began production in May last year, and the Andy Well gold mine, which began production in August 2013. http://www.theaustralian.com.au/business/d...343116dce0865b2 SP certainly at an all time low -------------------- The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler
If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington |
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Candlestick 101: Yesterday's break above $1 closed low again, forming a classic Shooting Star.
Or in the words of "Candle Dundee": That's not a Shooting Star! THIS is a Shooting Star! ![]() Follow-through today confirmed it. -------------------- I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan) |
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-------------------- 10fingers (Actually have 8 fingers & two thumbs) Just in case you are interested.
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![]() Posts: 899 Thanks: 22 ![]() |
-------------------- 10fingers (Actually have 8 fingers & two thumbs) Just in case you are interested.
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New web site looks impressive
-------------------- 10fingers (Actually have 8 fingers & two thumbs) Just in case you are interested.
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Construction at deflector https://content.markitcdn.com/research.comm...jpudWxsfQ==.pdf https://content.markitcdn.com/research.comm...jpudWxsfQ==.pdf -------------------- 10fingers (Actually have 8 fingers & two thumbs) Just in case you are interested.
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![]() Posts: 899 Thanks: 22 ![]() |
-------------------- 10fingers (Actually have 8 fingers & two thumbs) Just in case you are interested.
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![]() Posts: 899 Thanks: 22 ![]() |
-------------------- 10fingers (Actually have 8 fingers & two thumbs) Just in case you are interested.
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