Good post CW.... with the record $33 trillion US debt causing countries to de dollarise and with central banks buying record amounts of physical gold to cover a fiat failure.... if a gold standard were to be reintroduced, some suggest gold would need to be multiples of where it is now.
With that in mind and on a shit day, I also hope this puts some minds at ease.... it's not much, but it is high grade and open.
Dean doe's say... "it forms a starting point".... this is a good 'start' to the Central Yilgarn gold project.
Gold is going to be the go to imo and DRE have this small high grade resource above as well as the SoM looking like at least a small high grade gold resource as well.
The main things here are grade and depth.... if gold hits multiple highs from here.... DRE have high grade, shallow gold.
That's worth some thought.... high grade shallow gold.... at a record high POG.... "it will travel well".
CW mentions management as savvy operators.... this is seen in the way they consolidate a region/zone.
Central Yilgarn is a greenstone consolidation of Illaara and tenements that Dean worked on with Arrow.... highly prospective for gold.
They did the same with the' Mangaroon gold consolidation'.... that's 'savvy'.
Management is what still gives me 'confidence'.... their savvy, they have skin in the game, they have a way of thinking, they invest our hard earned. They have a plan... if somewhat challenged.
Stranger things have happened ppl.... $2,500US POG.... is very possible imo.
What if gold hit $3000US.... that gold wouldn't be in the ground a day longer than permits require.
I've got a digger.... would be happy to help out.
Don't be to hard on yourselves peeps.... we've all got our cross to bear here... some red, plenty of should have's.
The ones in the green haven't topped up along the way and got in very very early.... good on them.... maybe some should have's there as well.
Sometimes you just have to hunker down.... the good ship has definitely taken a hit... I don't see a need for the life rafts yet.... thoughts of a safety vest for the non swimmers maybe .
I thought I had enough shares.... but I do have a cheeky bid in.... Too much value down here
DRE have enough funding for the time being.... that buys time.... and time and luck are what we need.
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Good post CW.... with the record $33 trillion US debt causing...
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