DRE dreadnought resources ltd

24c price target., page-8

  1. 12,944 Posts.
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    24c is from Canaccord (leader in the REE space/ International placement brokers) and the other is a random price target. Not saying its totally impossible, but i reckon you might be better off sticking with the fundamentals. The noise of all emerging stocks gets louder and louder on the way up.
    If we look at the short term expected resource, 13c is accounted for. The stock is trading at approx the right short term valuation number. Canaccord are seeing the first 24c in the pipe. The carbon's should make them go back and revisit those numbers on success.
    News can change the game overnight. This is all just profit taking on the way up.
 
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