It is hard to follow the huge number of spec stocks for the...

It is hard to follow the huge number of spec stocks for the brokers in this ASX space; some even thought DRE is an REE play (only) according to Dean. He has set them straight. Many have pointed out that the appetite for specs was horrible this FY and more so for Li and REE. I agree totally. It is also true from Is Always Negative that the lack of base metals discovery robbed DRE of investor interest. Potential is obvious to some but you have to have the right mindset. Successful exploration geologists have to have that mind set (positive) and so do spec stock investors. Negativity is only useful once sufficient data is available - the key to potential at Mangaroon gold and CY not to mention T-Y in the NT.

Eddy points out we are here for upside potential. Some investors are clearly not cut out for that and some geo's are not cut out or destined to discover deposits. The Chair and everyone below are part of a team that has a successful record of pegging and finding deposits among a stable of companies no less. Diverse ground and commodity exposure paints nothing but potential for DRE. That is why I am here and believe double digits are possible this year and probable within 3 years at worst.

The REE discovery is also valuable - much more so than current market cap in an improved REE market. Very wealthy Aussie investors are stumping up at these lows which is a good sign. They see potential and have access to more specialists and information than we do. That tells me the value of Mangaroon REE will resurface and re-rate DRE just on that basis absent other discoveries (an unlikely outcome).

Commodities are turning and ready to rock and roll with gold, and DRE have a diverse range on top of an REE discovery that has further upside. Therefore conditions are turning in favor of DRE too.

This all opens the door to negotiations in play with large companies to JV or buy projects with or from DRE. Talks ongoing according to information in the public domain. Hopefully a few mill in the kitty to delay inevitable cap raise as is normal for all non-producers. Remember that explorers find most of the new deposits and sell them at huge profits. That is what DRE are all about.

Diversification is key to success in investing and exploration. GLTAH CW
Gold spiking again here and back to US$2411.56 as I close this post. My macro work on the AUD told me our dollar would remain weak in the face of a rising PM complex. That is a double benefit as A$POG is now pushing 3792. All predictable with sufficient work.