DRE 0.00% 2.2¢ dreadnought resources ltd

DRE Small Caps Interview 30/08/2022, page-122

  1. 3,377 Posts.
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    Refreshing to read nice, honest retail level posts, which is what most of us here are. There’s a lot of BS on Hotcopper, so nice to see something a little more real.
    I personally tend to look at Market Cap as a guide for where I think it should be currently and where it will go. I’m also essentially an amateur at this, but have a reasonable general idea through experience. I’ve seen people who are outstanding at calculating this exactly and yet even still the market can be miles off these marks for a range of reasons, so it’s a very imperfect science.
    I’ve learned the hard way that patience is an outstanding investment strategy when you are on a good thing. I honestly would have been free from work by now had I held onto holdings in companies like PLS, SYA etc instead of taking modest to small profits way too early. Painful lessons.
    However, to me DRE smells like a potentially equally compelling story, if not more so. It just smells like it. Great management, amazing prospects, fabulous time in terms of the materials they are discovering. So I will be holding for at least another 2 years and in all likelihood longer. It’s going to be worth it.


 
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