DRE 4.55% 2.3¢ dreadnought resources ltd

Ann: Share Purchase Plan Offer Document, page-44

  1. 1,699 Posts.
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    Who know;s what goes on with these single share sales?
    I personally look at it as a buy signal.
    I have been taking advantage of the past few weeks pullback to the CR price as a buying opp.
    I have finally reached my goal of 2% of DRE shares currently on offer, actually I overshot and ended up with 2.16% of the shares in DRE.

    We will see if I have good timing or not over the coming weeks and months.
    My average overall is a little over todays price 1.81cents , after buying 10 million last year at 2,8 cents, I am happy to be averaging down to where I am.

    Plenty of news flow over the coming weeks.

    Ongoing and Upcoming Work Programs at Illaara
    Completed: Regional target generation work using ultrafine soil sampling across all Newmont
    anomalies and the eastern and western VMS horizons – Awaiting Assays.
    Completed: Detailed magnetics survey over the Lawrence’s and Metzke’s Corridors.
    Commenced: Mapping and magnetic interpretation of the ~10km long Lawrence’s Corridor.
    Commenced: RC drilling at Black Oak, Bald Hill, Metzke’s Find and Longmore’s Find – Awaiting
    Assays.
    Commenced: Sub Audio Magnetic survey at Metzke’s Find.
    Commenced: RC drilling at newly defined targets within the Lawrence’s Corridor.
    UPCOMING NEWSFLOW
    March: Completion of magnetics survey and drill plan within the Lawrence’s Corridor
    March: RC drilling at Lawrence’s Corridor
    March: Results from gold and VMS target generation work using regional soils across Illaara
    March to May: Results from RC drilling at Illaara (Black Oak, Bald Hill, Lawrence’s Corridor, Metzke’s
    Find, Longmore’s Find)
    April: Recommencement of exploration at Tarraji-Yampi with three FLEM surveys at Orion Ni-Cu-PGE
    Target
    April to May: Commencement of target definition and generation at work at Mangaroon Ni-Cu-PGE
    & Au Project
    April/May: Results of three FLEM surveys over the Orion Ni-Cu-PGE target at Tarraji-Yampi
    May/June: Commence diamond drilling at Texas Ni-Cu-PGE target at Tarraji-Yampi
    May/June: Results from target definition and generation work at Mangaroon Ni-Cu-PGE & Au Project
    June: Commence RC drilling at Orion Ni-Cu-PGE, Fuso and Paul’s Find Cu-Au and Chianti-Rufina VMS
    targets
    July/August: Results of drilling at Tarraji-Yampi (Texas and Orion Ni-Cu-PGE, Fuso and Paul’s Find CuAu
    and Chianti-Rufina VMS targets).

    Almost too much to mention???

    Good Luck to all holders
    Good Luck to Dean and the crew.
 
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