Look, I don't have anything against DRE, just saying that their is some serious mispricing going on...
If the resource WILL be comparable, then sure, and you can argue they've only looked at 10% of the strike or whatever, but if the resource expands, then the SP will too? Or you think DRE will not go up in MCap at all with a 7 times bigger resource? The same mispricing is still there...
Regarding their other projects, they're still only pure exploration (one they don't even know what they're looking for), so can only attribute $10-20 mill to each, DRE is priced what it is on it's REE
And "Canada is basically a communist dictatorship" - That sorry is pure BS, it's a tier 1 mining jurisdiction, VML has government and First Nations support, both of which DRE lacks, all the mining permits in place, plus offtakes and is already building a concentration workflow, and HAS AND IS MINING - It's disingenuous to paint a picture like mining or anything will be problem
Good luck with DRE, but I see it coming down, and VML rising - I'll be ecstatic if DRE keeps climbing, as VML becomes more and more undervalued and will climb too then
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.79M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $699 | 349.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
103 | 115734600 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 45147973 | 48 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
103 | 115734600 | 0.002 |
25 | 104997531 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 45147973 | 48 |
0.004 | 12427994 | 35 |
0.005 | 7056106 | 19 |
0.006 | 6755468 | 11 |
0.007 | 1217296 | 3 |
Last trade - 10.08am 02/10/2024 (20 minute delay) ? |
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