DRE 3.23% 1.5¢ dreadnought resources ltd

Entry Price -?, page-260

  1. 2,362 Posts.
    lightbulb Created with Sketch. 5677
    For my 2 cents worth:

    Totally happy with DRE!

    Note issue was just that, flushed through and they took their profits

    We are right on the cusp now of a major discovery or discoveries with the drilling programs in the Kimberley, Mangaroon, IIlaara...etc.

    Just remember don't look at the day to day flucs it is the overall picture that matters, and right now short term we are moving into a very exciting phase of discovery with DRE!

    Also number of shares is not an issue for me because if they find one or more significant deposits they will be able to extrapolate the in ground value and that can be worth way way more than the market cap. Also they want to monetise the iron ore deposit, possibly Metzkes gold and the lithium/tantalum so that will give a lot of money for drilling and ongoing expenses and prevent dilution.

    Its set and forget for me, and for any potential holders a great opportunity to grab a bargain. With our geology compared to Ernest Henry(copper-gold) and our nickel compared to one of the biggest deposits in the world in China the share price can go literally B.A.N.G.! overnight. Look what happened to CHN with their nickel discovery, and then there is our rare earths discovery(Yin) and its comparison to next doors neighbour Yangibana whose ore reserve is unmatched by any rare earths deposit. Then there's Rough Triangle and the list goes on....

    Hold tight!

    Exciting times for DRE holders!

    AIMO
    Last edited by Mining8: 29/07/21
 
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Last
1.5¢
Change
-0.001(3.23%)
Mkt cap ! $56.29M
Open High Low Value Volume
1.5¢ 1.6¢ 1.5¢ $20.11K 1.320M

Buyers (Bids)

No. Vol. Price($)
30 6264945 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 2100323 7
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
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