Hello just a mid term pull back and reset due to news of drilling so plenty of time to for the market to reset and take profits before the next leg.
Excellent re-entry or top up at these prices. Sitting on mid term trend line which is ascending not descending. Technically a V shaped pull back will result in V shaped upswing towards drilling. I have ~14c during drilling and dependant on lenghts and grades thats anybodys guess. But if something substantial is discovered the move will be explosive 25c.
Its the market cap of DKO that should be compared to PLS and AJM. Many multiples less so much higher potential returns as Kiwi mentioned.
Happened to GMM as well a few months ago and the same thing with DKO at the moment. I am looking to load up more next week.
DKO Price at posting:
7.3¢ Sentiment: Buy Disclosure: Held