Everest also have a small shallow high grade 50,000 oz Au & Ag deposit on a mining lease and they are doing similar. Seems like a lot of the smaller previously uneconomical deposits are being looked at for cashflow.
POG.... ~ A$3900..... ... who would have thought. It's one thing to think or say it.... another for it to get there. Crazy thing is.... IMO the market is still nowhere near onto gold. MSM are only just starting to comment on gold.... proof it's not on the radar.
Prices are being set in Asia and Western markets are still asleep at the wheel. I've been saying for a while how high the POG will get. The scary bit is how high it could go.... and why.
Some of the gold numbers being touted today could be way conservative.... profit wise. There's talk of silver going to $100 or more... where would gold be?
DRE have 5 mining leases on highly prospective and somewhat proven gold country. Silver could go multiples from here.... good credits. My money is still on Tucky to make up the gold oz's and get this thing back on track.
Each to their own... just w/end musings.... certainly not advise.... discussion is a good thing. Good luck all.
DRE Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
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... who would have thought.
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