DRE dreadnought resources ltd

DRE General discussion topics, page-888

  1. 1,656 Posts.
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    A sign of things to come.biggrin.png
    https://hotcopper.com.au/data/attachments/6800/6800315-c6e9ba37f26dc7bb62c27fae0941ab26.jpg
    This is just the beginning.... LBMA has had to 'borrow' gold from the Bank of England vaults to cover demand. eek.png

    China just gave their large insurance industry 'permission' to buy gold.... as an investment.... that's going to put another rocket under gold's price as well.
    US largest banks now predicting US$3000 oz gold.... that's a given.

    The 'stars' are aligning for DRE's gold prospects.... record prices.... at today's price SoM now worth $50M for DRE.

    Personally I'm very excited to see what the other mining leases unveil....
    DRE potentially are going to have a huge positive cash flow situation in 12/18 mths or so.

    IF they hit another Star or two the SP will IMO rocket.
    If they have a few high grade intercepts from Bordah/High Range..... same... and off to the races we go.

    The importance of these mining leases can't be over stated.... unlike many other gold holdings/Co's.... that have proven gold.... they need a mine and all that's involved in getting that mine approved etc.... DRE already have the mining leases.

    DRE will have 10's to 100's of $M's of cash to keep drilling out these very promising gold prospects.

    The race to buy and secure gold has only just begun.... barely scratched the surface.
    This gold bull couldn't have come at a better time for DRE.... and the BoD had very good foresight acquiring these leases. cool.png


 
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Last
0.9¢
Change
-0.001(10.0%)
Mkt cap ! $45.71M
Open High Low Value Volume
1.0¢ 1.0¢ 0.9¢ $18.3K 1.986M

Buyers (Bids)

No. Vol. Price($)
56 19508613 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 6377440 16
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Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
DRE (ASX) Chart
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