DRE 4.35% 2.2¢ dreadnought resources ltd

Doing my research.., page-10

  1. 2,870 Posts.
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    Hi Robert - thanks. And hi Chris
    Yes it's pretty quiet here on the TYK forum. I remain cautiously optimitic and definitely holding. In fact I have accumulated more when I have spare cash.
    The SP won't move until we have more definitive results indicating a viable resource to mine. I think it's starting to look likely at Trapdoor and Redback - and we have results pending for both. The Core Farm paleochannel deposit also has results pending - and may surprise. Then there are the results of the auger sampling at Lake Lefroy South, which are pending as well.
    So collectively - that's a lot of news still to come. For a very small explorer, Tychean is extremely active. They certainly don't slouch about wasting their cash.
    Will it be good news? As I say - I'm optimistic. The results at Redback and Trapdoor are very solid. Core Farm is also interesting - and very shallow, therefore cheap to dig.
    With good results the wall at 0.004 will melt under a burst of buyer activity. I think a lot of people are watching this, and will jump on if the results are strong.
    So meanwhile it's just a matter of patient waiting. I've driven past the TYK tenements a few times. It's a wide, wild empty piece of land. Who know's what lies beneath? We will find out, bit by patient drill bit.....
    Good luck and best wishes to all !
    Dave
 
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