DRE Chart, page-2296

Personally i am not surprised by the SP retraction. I think its over sold and some recovery will be imminent. However if you view the charts of similar exploration companies you will discover similar retraction. secondly i believe the switch to full on ree exploration has spooked some dre investors. I personally know little about ree how to value it grades etc. So what is the medium long term value of this exploration play to the company. I invested in dre before ree was a thing as did many others. Reduced focus on the kimberly and the projected copper shortage may also be a factor in some investors leaving dre. On the positive side DRE dosnt muck around when it comes to exploration and given the amout of drilling currently underway and in the futute there is multiple opportunities for a company making di scovery. I have significant faith in the company because they have alot of their own money invested adding incentive to make a big discovery. Well cashed up following a big cap raise hard working team and highly prospective ground is a big tick. Patience is now king good luck.