DRE dreadnought resources ltd

Death by a thousand cuts.. If theres a thousand cuts well im...

  1. 855 Posts.
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    Death by a thousand cuts..

    If theres a thousand cuts well im sure many of the deeper ones would have come from someone like you, and into the back of those that are actually trying to run an exploration company, that unsurprisingly has no money coming in, and requires its dwindling cash reserves to help provide the results to grow its share price in reasonably challenging times.

    Even more stupidly, for a supposed holder, youre sabbotaging and stabbing those whom who you should be supporting, you're shitting in your own nest and on those who are working hard, in difficult times to try to give you the chance to profit greatly from their labour. In case you werent aware explorers as a rule have a slim chance of success. the odds are against them. This is why they pay well when they do find something.

    Next you'll be moaning that the share price is down and they are needing to raise money at a low price and the market does not like them. Einstein you are not.

    It's so easy to sit there and criticise the actions of others. Im not saying we should not critique and have an opinion on the actions of the company but your relentless negativity and nitpicking says to me that youre in the wrong business. As a general psychological setting you have to have a degree of optimism to explore. By its very nature it means that you are looking for something that is not known to exist. Only an optimist would bother putting decent effort into doing that. If you knew it was there before you started youre no longer an explorer and more of a developer or miner which have a lot less potential due to possessing much less risk. If thats what you want to be in, you know where the door is, use it.

    Just like a farmer that knows how to grow a good crop, has the seeds, skills and good land, you can still have bad seasons or years due to drought, floods or whatever but if you have a long term view you keep going and eventually can do well out of it.

    The last thing you want is unproductive dead weight, telling you not to bother, telling you youre doing it all wrong when youre probably not, youre just following a proven process to a hopefull prosperous future and the negative dead weight that drags you down while offering nothing positive clings you to like shit to a blanket effectively slowing progress.

    What would you like dean to say? We have a patch of dirt.. and nothing has been proven till we drill it. Its really risky and there is no true proof that anything exists at all, but please just give us some more money to poke drill holes into it?

    At some point they have to make a decision, which is based on the limited amount of data they have before exploration begins. If there are some credible reasoning or parallels to existing finds that help swing the decision to go ahead with exploration its not a crime to mention some of that reasoning and analagous evidence that supports it. The dumb thing is if you take those words as gospel that this is the new mt Isa or whatever the analogy mentioned.

    So.. keep slagging off the efforts of the stock you "hold" for the benefit of noone at all, Or bottle up your questions and present them to the management in one of the many forums that they provide for this purpose and the chances are probably pretty damn good that you might get some relief to ease your obvious frustration, or it they are worthy suggestions, they may even be adopted into some kind of action.. After that, just sell or hold based on what you hear. but ffs, why hang around moaning all the time? whats that going to achieve?






 
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Last trade - 15.47pm 30/07/2025 (20 minute delay) ?
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