DRE 0.00% 1.7¢ dreadnought resources ltd

DRE Chart, page-3029

  1. 707 Posts.
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    Charts are irrelevant in this market all exploration stocks are on the nose and it hasn't been this bad for many years. Panic selling is rampant so into the bottom draw goes my DRE shares and we will ride out the storm and see where we sit in 12-18 months. Focus on the REE,s build the resource and sell it may be the best way forward as this ree thing is the great unknown and if you dont know then you shouldn't play. It's worth remembering that management have a lot to loose with significant amount of their cash on the line also. I would imagine that the board is hurting at present with reputations in question and many investors in the red. DRE is still a great exploration company but the have been hit as have many by the perfect storm.
 
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