Cheers for that@Merlin88 - a quality post & very informative. I...

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pgrace

5,150 Posts.

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09/09/20

11:28

Post #: 47200927
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Originally posted by Merlin88: ↑

You really want to concentrate your research energy on the first Finnish tenement, Hopeavuori. Right now we are funded to drill this....the cost was the latest CR releasing around 1.25 billion new shares raising around 2m which, at the end of the day wasn’t much bang for buck and imo will only allow for a moderately comprehensive drilling campaign. Imo forget about drilling any of the Argentinian prospects with this latest CR money, or any of the other highly encouraging tenements for that matter. Even the company conceded in an investor/corporate presentation ann earlier this year that to drill the Arg prospects properly the cost is approaching 40-50 million so is the reason JV’s are being sought. Drilling is very expensive in remote Argentina, for those that don’t believe this check DEG’s (look at them now) announcements circa 2014 - they completely bailed out of Arg (we even secured some of their old tenements) as they viewed exploration there just too much of a drain on the company purse. So to further this company to the next milestone with higher value CR next raise we really need Hope east and west to kick some goals. I’m quietly confident they will as the previous work done there has comprehensively proven there’s high grade gold present in good quantities but not yet economic.

Interestingly the high quality geo and drilling reports previously available from Sotkamo and GTK cannot be found anymore (I assume DHR hold legal rights to them now) but I read them a lot and the quality was as good if not better than many Jorc compliant documents I’ve come across. Some much older ones are still there at GTK but haven’t the same depth of research as the other now unavailable ones had.

It pays to be informed at this end of the market as the rug can be pulled out real quick, any newcomers,and I take it there are a few from reading these threads of late, take note.

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Cheers for that@Merlin88 - a quality post & very informative. I have read your post a few times.

I have taken your advice and getting back up to speed on where Dark Horse is at & the Finland drill program looks interesting. Very interesting.

As per page 2 of last Thursday's announcement.

As per page 4 of last Thursday's announcement.

Please note the result all, of the R313, R330 & R305. Significant grades IMHO.

Our geo's on-line can confirm my thoughts if they will?

I mean = this is outrageously good (excellent even).

Looks like I don't need to be grumpy with David any more after my investment at 2.0c went to 0.2c!

Very exciting & happy that I averaged down from 2.0c.

All the best to shareholders & please - research your investment. Read the announcements!

https://wcsecure.weblink.com.au/pdf/DHR/02276691.pdf

Gracie

DHR Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
13 Upvote

5 Great analysis

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