i don't mind it with the constant news as DRE are very transparent and even if the DP goes down, i am looking at the bigger picture.
We hit something, not sure how big it is, so we need more drilling. the results are similar to the first batch which is encouraging as the grades are consistence.
From a long term prospective, this is shaping into a good picture. So what if the SP drops, we were sitting at 6c once until someone sold off 100 million shares, not because something is wrong with DRE, but they wanted to take profit. can't blame them from doing that. Other bought in for the drilling results and wanted to sell out on the spike, that didn't happen so they are moving their money to somewhere else.
the SP is still cheap and i don't think it will stay that way for long especially after the work on in the first half of next year. we don't see 2c any more and it time, we wont see 4c any more.
DRE is as long game not short if you wanted to see value. I was down for 3 months when i first bought in at the beginning of the year, now i am in profit.
IMO this is a good stock to hold, just need patients.
- Forums
- ASX - By Stock
- DRE
- Ann: Further High-Grade Cu-Ag-Au-Co-Zn from Orion Discovery
Ann: Further High-Grade Cu-Ag-Au-Co-Zn from Orion Discovery, page-45
-
- There are more pages in this discussion • 52 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DRE (ASX) to my watchlist
|
|||||
Last
1.7¢ |
Change
0.001(6.25%) |
Mkt cap ! $63.46M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.6¢ | $75.62K | 4.607M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 4467016 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 2769880 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 4467016 | 0.016 |
45 | 5757375 | 0.015 |
8 | 3697570 | 0.014 |
7 | 1857922 | 0.013 |
7 | 2243588 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 2769880 | 6 |
0.018 | 2189282 | 8 |
0.019 | 2258621 | 3 |
0.020 | 977182 | 4 |
0.021 | 394359 | 3 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
Featured News
DRE (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online