Divvies and or buybacks.... how much more positive the talk.... and for good reason.
I know some say the market is always right........ it's not.... look at DRE as example.
The market is a bunch of instant sugar hit addicts looking for their next quick hit.... by the time they realise they need gold in their portfolio DRE will hopefully have increased the mineable gold from SoM and increased potential cashflow by many $M of dollars.
A few good solid hits from drilling will start to bring attention.... whether from leases or discovery drilling.
Gold is hot and getting hotter.... look ahead.... there will be a mad scramble for PROFITABLE explorers/miners very soon.
Most investors still don't have any gold in their portfolio's..... we are on the cusp of one of the most historical gold bulls..... EVER.
DRE will have plenty of cashflow.... cash is king.... but not really..... GOLD is really king.
Gold is king and Mangaroon is riddled with it.
Most of us know where things are headed.... and it's not pretty but the best one can do is prepare.... and having gold stocks is a 'cheap' way to get exposure to it.
When the sh#t hits the fan.... and it hasn't started yet unbelievably.... still too much printed stuff sloshing around.... but when it does.... gold shares in general will go off.
A cashed up dynamic team of top notch geo's....DRE's explorer of the year type geo's.... with Mangaroons multiple high quality prospects.... more high grade intercepts.... a $200M plus MC is very likely imo..... it's possible $100M of that could be cash.
Gold doesn't care who's running the country.... or what they say.
Gold is.... eternal.... emotionless.... indestructible.... and very shinny.
Exploration.... is just that.... no guarantees included.... doesn't suit everyone.... but fu#k it can be exciting and I'm very much looking forward to the next few mths of Mangaroon drilling.
Will I be disappointed if it flops.... you bet ya.... but this is what it's about.... you win some.... you lose some.... you need ya big boy or girl pants on here for big rewards.... no if's.... no buts.... please gamble responsibly.
Next stop.... $3500 US gold.... then onto $5K US.... what's to stop it.... why should it not.
A$5500 gold by the time we mine.... you know it's possible.
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DRE
dreadnought resources ltd
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1.2¢

Divvies and or buybacks.... how much more positive the talk.......
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $60.95M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.1¢ | $66.63K | 5.550M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 3326066 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 5224034 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 3326066 | 0.012 |
60 | 12303055 | 0.011 |
38 | 12478427 | 0.010 |
12 | 6048945 | 0.009 |
7 | 1879214 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 5224034 | 16 |
0.014 | 6221526 | 25 |
0.015 | 4902614 | 15 |
0.016 | 5310444 | 7 |
0.017 | 1453944 | 8 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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DRE (ASX) Chart |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
SPONSORED BY The Market Online