Short Term Trading Week Starting: 17 Jun, page-7

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    STTCOMP DTR FA LONG

    GOLD-REE-Strontium

    Mktcap-$13mill
    S/P- .9c (could well drop to .8c today)
    Cash-low -est-500-600k
    DEBT- est 800k short term loan -3Mill+ debt to mgmt loans to the company

    The Company owns 100% of the Colosseum Gold-REE Project. The Colosseum Mine is in the Walker Lane Trend in East San Bernardino County, California.

    The Colosseum is located less than 10km north of the Mountain Rare Earth mine(USA only producing REE mine!!) Work has commenced on identifying the source of the mantle derived rocks that are associated with carbonatites and are located at Colosseum

    US GOVT funding for REE exploration is also in the works potential for DTR.

    Recent Gold resource update..which I believe has much more growth to come>>when you see their most recent drill results not included

    RC drilling results- 25.9m at 1.91 g/t gold from 57.91m, including 3.05m at 3.05 g/t gold from 57m and 74.7m @ 4.27g/t gold from 77.72m, including 27.4m @ 7.82g/t gold from 88.39m.

    The Argos deposit 80% DTR comprises four patented mining claims covering 75 acres and is considered the largest strontium deposit in the USA.
    https://hotcopper.com.au/data/attachments/6250/6250210-ceb3a5ad7f691dc4d5cbfada199e1815.jpg
    Some reading on Colosseum's past GOLD producing operation>>major bonus for DTR should be much easier to get back into Production as used to be a producing mine before the GOLD price dropped to very-low levels during the 90s

    https://archive.epa.gov/epawaste/nonhaz/industrial/special/web/pdf/goldch3.pdf

    T/A wise and time of the year being TAX-loss selling JUNE I think we will see a bounce in the SP early to mid-JULY... with many DTR S/Hs underwater and wanting to reduce tax.

    https://hotcopper.com.au/data/attachments/6250/6250327-0c523c2efb69808479933633c3833012.jpg


    Also DTR has royalty payment deal on sold- US project lucky strike plant/mine to GOLD links

    .. been some time they have paid all the pre-production payments .. !!!

    waiting on Gold links Production DTR would be looking at $5.3mill in payments within months ..

    Sadly these funds don't look to be coming soon enough so DTR has only recently announced $4.2mill 1c rights issue with free 2:1 opts

    Under the Rights Issue, the Company’s Non-Executive Chairman (and “substantial”7
    Shareholder), Mr Mark Johnson has committed to take up his Entitlement in full (which
    commitment equates to approximately $0.84 million worth of New Shares).

    Shareholders should note that the commitment given in respect of the Rights Issue by
    Mr Johnson will be satisfied by way of a debt for equity set-off whereby a total of
    approximately $0.84 million in outstanding debt owed by the Company to Mr Johnson
    will be extinguished in exchange for approximately $0.84 million worth of New Shares.

    In addition, the Company’s Managing Director (and substantial Shareholder), Mr
    Stephen Baghdadi has committed to take up his Entitlement in full (which commitment
    equates to approximately $0.57 million worth of New Shares) and to underwrite up to
    a further $0.177 million worth of any shortfall that exists on completion of the Rights
    Issue. Accordingly, Mr Baghdadi’s total commitment under the Rights Issue is up to
    $0.75 million.

    Mr Baghdadi’s participation in the Rights Issue will be by way of new cash
    contributions.

    Both major holders MD + Chairman have pump huge amount of their personal capital into DTR
    https://hotcopper.com.au/data/attachments/6250/6250346-368fe49c8aed00f3d3f1e986b9c94e87.jpg

    Overall HIGH risk reward spec BUY I believe if GOLD plays along will bounce strongly in JULY
 
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