Hmm, this company might have been ahead of it's time back in 2010 when they decided they would go after lithium. They had purchased lake Frome from RUM which had traces of lithium...too bad it was at about 65ppm which is completely uneconomical. Information was available from a previous drill hole yet they decided to compare this company to ones in Nevada which reported levels at 100-300ppm (still terrible compared to other places in the world).
They have had a few short falls to raise money in the past and have barely done anything in 2016. Why are you so bullish on this company? Do you really think they well ever mine?
DRE Price at posting:
0.7¢ Sentiment: None Disclosure: Not Held
(20min delay)