DKO dakota minerals limited

Is it end of Dakota Minerals (ASX: DKO)?, page-7

  1. nkl
    274 Posts.
    lightbulb Created with Sketch. 3
    Only hope I see is if story of CXO (Core Exploration Limited) is also repeated in DKO (Dakota Minerals Limited) case as well.

    CXO share price rose to 52 week high of $ 0.064 on 20-Apr-2016 on high grade Lithium expectation but its drilling results was perceived negatively by market. It was dumped badly and reached $ 0.022 on 30-Jun-2016; fall of almost 65% from peak.

    Market has since digested & interpreted its drilling results and it has risen approximately 68% (from $ 0.022 low on 30-Jun-2016) based on 15-Jul-2016 closure price of $0.037.

    If market is still not ready to accept the Phase-1 & 2 drilling results of DKO and share price does not recover 65-75% in next few days, then there is high chance that there can be massive sell off in Pilbara Minerals Limited (ASX: PLS) and Altura Mining Limited (ASX: AJM) share prices as well as all three (AJM+DKO+PLS) are having Lithium prospects in same Geographical zone; it matter of time sentiment flowing through.
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.