The pattern has been ongoing across the small cap explorers for 2 + years now. Been interesting to watch CHN manipulated twice in the last few months from around $1 up to $2 then back down again. Its a sh..t show and an unplayable game for us mear mortals. DRE is now in a very vulnerable position with zero bargaining power on any assets real or imagined. 3.5 billion shares on issue commodities no one wants and a pending cap raise at sub 1 cent pretty much game over in my book. Over promised by the MD and very much under delivered in the big discovery book. We simply will not have the funding to explore the massive portfolio on the DRE books. 10 bags even from 1 cent probably not going to happen. In the companies defence however they have given it a red hot go. The ASX is now so corrupt and manipulated that this end of the market is now a no go zone. Not going to sell out as i would rather loose the lot than die wondering but the small cap explorers will get no more of my cash the manipulators can have it all to themselves.
DRE Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
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