DRE 5.88% 1.8¢ dreadnought resources ltd

Ann: Tiger Cu-Au-Zn-Ag Gossan Confirmed Over 500m, page-53

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  1. 839 Posts.
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    Honestly, I wouldn't call it head and shoulders, more just a basing formation/ accumulation. Monthly fractal still bullish and weekly order internal still bullish until we close below 1.5c. Not a lot of reasons for DRE to drop, unless an unexpected event like Dean resigning occurs. Nothing better than accumulating value when its unloved. So many quality projects any one of which could hold value multiple times the MC. REE and gold resource hold a base by which DRE retains objective value in worse case scenario.

    Team working on multiple fronts, unlocking multiple commodites (Gold, PGE, Copper, Rare Earths, Niobium, now Antimony). Its literally just a matter of time before a hard-working, brilliant team will create shareholder value from one or multiple of the above.

    Priced tapped into 2.8c order block already so if 2.4c fractal gets taken out there is no clean supply until 4c or so.GL all

    https://hotcopper.com.au/data/attachments/6404/6404420-d2ec65e4662cf971d2429a199f6f5976.jpg

    Last edited by Luca21: 23/08/24
 
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