DRE 8.33% 2.6¢ dreadnought resources ltd

This Forum seems to have lots of experts on mining stocks. Let...

  1. 15 Posts.
    lightbulb Created with Sketch. 32
    This Forum seems to have lots of experts on mining stocks. Let me ask a question. I wondered how long you hold such minin stock shares and when to take the profit. given the Lassonde curve, we're in the discovery curve, maybe lasting for 1-2 or even 3 years. In our case I see 1-2 years, given the speed of discovery and drilling DRE has. During Feasibility, Development and start-up phase building up to the actual operational mining, it can take multiple years and shares normally see a larger dip during this time.

    So my question for all the experts and DRE holders, is this stock rather a short term play until the end of the discovery phase or is this a stock for the next 5-10 years until operational mining and money starts flowing in? And to be honest this will take at least another 3-5 years, right?

    Cheers
 
watchlist Created with Sketch. Add DRE (ASX) to my watchlist
(20min delay)
Last
2.6¢
Change
0.002(8.33%)
Mkt cap ! $91.34M
Open High Low Value Volume
2.5¢ 2.6¢ 2.5¢ $136.1K 5.320M

Buyers (Bids)

No. Vol. Price($)
11 1656885 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 863587 5
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
DRE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.