DRE 5.88% 1.6¢ dreadnought resources ltd

Ann: Massive & Disseminated Ni-Cu Sulphides Intersected, page-82

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  1. 2ic
    5,923 Posts.
    lightbulb Created with Sketch. 4975
    "at least you’re finally admitting you don’t understand mineral exploration"... I readily admit to being pessimistic on exploration, maybe it's just bad luck and bitter experience? Just reviewing the facts as reported, trying to understand the odds is all. Plenty of others speculating also... 100m shares traded between those speculating the price up to 6.9c thinking it's a major discovery going higher still, and those taking money off the table back down to 5.8c.

    Got to drill it before you kill, we all know that, I'm just not excited by 2m @ 6% Ni&Cu for reasons discussed. By way of comparison, see DRE's recent Kimberly FLEM survey conductors for the sort of size gets even my juices flowing...
    https://hotcopper.com.au/data/attachments/5553/5553792-4721ead334237a04d6557f227291c69e.jpg

 
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