Ann: Proposed issue of securities - DRE, page-29

Great discussion in here, some of it really helpful too. I am in here to read the wide range if interesting views and to pick up gems. Nobody can cover enough of this wild world at present.

Dean and the team have loads of skin in the game; and I could not be happier about that. Dean with 1% and Paul with 8%. It means we have a genuine situation of the Board thinking like shareholders - but more importantly like highly capable geologists and entrepreneurial flair, especially in the case of Paul Chapman. They are here for themselves and we get to ride their coat tails. That ensures the best decisions will be made for shareholders the way it is supposed to be (but sadly not always the case in mining). That puts DRE in a very positive light for me and hence my holdings which grew this year on news flow.

It is clear that BC8 is right behind DRE as well and set to share in the upcoming treatment deal. That is extremely important in my estimation. A booming big brother company just up the road with the facility (and now shareholding) to prioritize excess production capacity for DRE. The DRE share is approaching $30M rapidly which is in line with posted research in here and for clients. Gold is well covered by more highly qualified insiders on YouTube.

Poodleface is spot on about the "vibe" changing around this stock soon. The smell of money and returns is what the market is all about. Deans presentations on the soils, stream seds, fault structures, rock chips and extremely limited drilling prove beyond doubt that Mangaroon is a live gold system formed long ago.

DRE even provided the history where the stamp facility was delivered further north limiting the early exploration seen across large areas of WA. The summers are also harsh up in the north of WA which put off so many early explorers that set the tone of "hot" areas in WA. East Yilgarn is in the same category and look at what that did for GOR. All of this suggests a decent probability of drilling success over coming months and years to extend processing deals and solid income from transportable high grade gold into a secular gold bull.

Thanks Cpago55 for helpful information I am learning from. GB and so many others keeping this a well informed thread and especially Dean who goes the extra mile with seemingly unlimited energy to be there for the company and shareholders. This is a transition year for DRE with that wild REE care in the back pocket.

GLTAH CW
PS I do not see any of the deals coming to fruition now and we don't need them either with the cap raise and coming cash flow. Good ground is hard to come by in WA and DRE have lots of it.