Excellent presentation, thanks for the link dag66. A week or so ago I questioned the value of a gold mining lease.... or 5.... DT answered that.
Transitioning into a self funded explorer will be the difference between DRE and others. Funding will remain the major hurdle for explorers and this will position DRE so that exploration.... and hopefully discoveries can continue in an environment that is not friendly to those with cap in hand for CR's. It will also 'buy' time for REE market to turn. With the gold revenue, management can continue exploring for that "life changing" discovery.
Tough times call for tough decisions.... Too many projects for 'the times'.... some form of consolidation project wise is not a bad thing right now. Concentrating on Mangaroon is a good move imo.... there are still 2 - 3 possible Co. makers with Au, Nb, REE's Ni-Cu-Au.
POG is at record highs and should continue to rise....
DRE Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
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