DRE 4.55% 2.3¢ dreadnought resources ltd

Reality is, they went to test more EM targets, didn;t discover...

  1. 2ic
    5,900 Posts.
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    Reality is, they went to test more EM targets, didn;t discover anything material, but generated more EM targets. i like the Orion Offset DHEM target, right location near Orion and uphole mineralised horizon to suggest a good chance of hitting an Orion like offset or even better. The market won;t reward EM targets, which are a common feature of this stratigraphy as DRE and other explorers have found, without then returning materially large mineralised intercepts to demonstrate real economic potential for ever. "Promising" results are in the eye of the beholder, but the trouble with promising is sooner or later you have to deliver...

    GLTAH
    https://hotcopper.com.au/data/attachments/6322/6322164-848f0301464d434d1a0a231c0ccb99f2.jpg
 
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