DRE 5.88% 1.6¢ dreadnought resources ltd

@BaltasarG ... do you or your geo expert friends (well anyone...

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  1. 2ic
    5,923 Posts.
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    @BaltasarG ... do you or your geo expert friends (well anyone here really) have any thoughts on the Metzke's Find gold resource and it's potential for a JV toll-treat agreement? I know it's not the right thread but just finished watching the Dean Present on the Gold Junior x4 webinar and he sounded very bullish of finding a partner to monetise Metzke's juicy ounces... looking for a second opinion?

    @Green Bull really liked it recently ( https://hotcopper.com.au/posts/73972272/single)

    Pretty sure it would go something like this:

    - mining licence/permits obtained- mining partner announced (potentiality already "locked in" and just waiting for mining licence?)
    - profit share, say 50/50% with mining partner- DRE provides the deposit, mining partner incurs all the expenditure in mining the deposit
    - profits shared 50/50%

    14,900 ounces, from surface (cheap to dig up), super-high grade resource at 6.8g/t.

    @Countrywriter likes it, saying "Metzke's Find may look small at present but some additional drilling could open this up along strike and at depth for even more cash-flow than the market expects", before copy/pasting some excited 2020 release sizzle before disappointing drilling in 2021... and more dissapointing still in 2022 ( https://hotcopper.com.au/posts/73975769/single)

    @Eddythedog liked it of course, but they like everything (https://hotcopper.com.au/posts/74000841/single)

    Thanks in advance
 
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