DRE 0.00% 1.5¢ dreadnought resources ltd

Ann: Four New REE Ironstones Discovered at Mangaroon, page-12

  1. 170 Posts.
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    As I said recently, these kind of results are great for long-term holders and add to the depth of the big picture, but for the average investor who is looking for a quick profit they are not exciting at all. These are rock chips, that is all. Outstanding drilling results are where the possibility of SP hikes come into play. So is the share price going to run on this announcement? I sincerely doubt it. DRE is going through period of consolidation and building up information on its holdings. Unless something extraordinary happens I doubt whether we will see any big rises in the SP this year or indeed until the middle of next year (I could. of course, be totally wrong here). IMHO it is a fantastic company to be invested in but it is definitely for mid- to long-term players.
 
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