A sign of things to come.
This is just the beginning.... LBMA has had to 'borrow' gold from the Bank of England vaults to cover demand.
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.
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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($) | Vol. | No. |
---|---|---|
1.0¢ | 6377440 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
56 | 19508613 | 0.009 |
24 | 11577815 | 0.008 |
11 | 8101388 | 0.007 |
6 | 9434000 | 0.006 |
4 | 485000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 6332440 | 15 |
0.011 | 8737434 | 13 |
0.012 | 3158338 | 11 |
0.013 | 4082422 | 14 |
0.014 | 5738864 | 21 |
Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
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PAR
PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
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