drean tried his best, he invested his own cash, he has a great team, but sometimes thats just not enough, in a rising rate environment, the world drowning in debt, no one is gonna invest big bucks into something thats not making any money, unless its just for a punt...
I really dont understand your response and pessimism. To say DRE will go bust by the end of the year off US election speculation is baffling to me. Your comment ignores everything DRE has found to date. Those resources dont suddenly disappear or become worthless if Trump or Biden is elected.
"Dean tried his best" This implies Dean has a say in what's under the ground. No one, not Dean, not me, not you, not 2ic, not Donald Trump knows whats under the ground until its drilled. Dont forget the board invested 1.3M of their own cash at 10c. They must be confident to do that..
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