I agree with the last two posts, it appears DBV got lucky on Hole #6 (results yet to confirm how lucky they are) and the CEO is now managing and controlling Press Releases to time the market (summer is not the best time to release results nor raise capital), thus a small raise with the intent of drilling a few more holes to attract better investors is a good plan. The only downside is the market and all investors (speculators) have vanished to bonds and other non-resource related stocks. The day traders are sitting waiting for any action in any stock as was witnessed in DBV when it traded 25 M shares and basically only moved up a few pennies. However, hopefully the churning over the last month has consolidated the float into better hands who understand the potential and are willing to hold their positions to see the next drill program.

This game is tough at the best of times and DBV is trying to push water uphill in one of the worst resource markets the TSX Venture Exchange has had in many years.