The great thing about DRE is:
1. They are in the exploration phase of cycle and this is the phase where there can be an EXPONENTIAL rise in the share price just on drill results alone!
2. DRE tenements are outstanding.
October will be a particularly exciting month when within a few trading days we will begin to get results from strong gold anomalies(drilling completed)
-Metzkes(extensions of high grade zone at depth? & a long strike?),
- maiden results from Metzke's corridor:
-the lost and forgotten but highly prospective Longmore's Find and
-Black Oak
Then the beginning of our tier one projects in the Kimberley with geophysical mapping showing a similarity to one of the biggest copper/gold mines in Australia, Ernest Henry, as we begin drilling there, and then at Texas Ni-Cu-PGE in October/November.
and to quote Green Bull:
'All the while in the background a deal likely being negotiated with potentially ~$5B Mineral Resources (MIN.ax) for DRE's Iron Ore, which is in the middle of MIN's 7 Iron Ore operations, and if cash is received in the deal; DRE likely to do a capital return/dividend payment to shareholders as mentioned by Captain Tuck at the RIU presentation!'
3. The recent Annual Report to Shareholders-PRESS HERE shows that Ramelius, a 1.67 billion gold producer known for its takeovers( e.g. Spectrum Metals(SPX) last year), has increased its holdings in DRE substantially from 33,619,049 to 42,380,955!.....enough said!
Sohhh....
What more can you say but:
Very exciting times for DRE holders!
AIMO
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Mkt cap ! $59.80M |
Open | High | Low | Value | Volume |
1.5¢ | 1.6¢ | 1.5¢ | $37.65K | 2.423M |
Buyers (Bids)
No. | Vol. | Price($) |
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35 | 8320966 | 1.5¢ |
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Price($) | Vol. | No. |
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1.6¢ | 2989264 | 14 |
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No. | Vol. | Price($) |
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35 | 8320966 | 0.015 |
11 | 3019715 | 0.014 |
4 | 1920999 | 0.013 |
6 | 2719840 | 0.012 |
2 | 2300999 | 0.011 |
Price($) | Vol. | No. |
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0.016 | 2989264 | 14 |
0.017 | 1292010 | 12 |
0.018 | 4675224 | 9 |
0.019 | 847619 | 6 |
0.020 | 2083248 | 9 |
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