DRE 6.67% 1.6¢ dreadnought resources ltd

General Discussion, page-1667

  1. 6,187 Posts.
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    Anyone who takes time to look at the DRE strategy over the past 18 months can see they're completely unable to focus on any real goal other than to chase the popular flavour of the day. This gold explorer turned zinc lead silver iron treo explorer has no idea what they're doing other than to make popular announcements in the aid of keeping the sp from sinking further. It was probably only a matter of time before they announced 'massive pegmatites discovered' and they start talking lithium like SGQ did only they missed the boat on that one as the Li price collapsed earlier this year, you can imagine them sitting in a bar (the board room) saying, 'how about we start drilling those granite rocks to see if there's traces of spodumene? let's announce we discovered a pegmatite - even though the Australian Geographical Survey maps highlighted them in bright yellow 15 years ago but that's beside the point. Never let the truth get in the way of a good announcement $$$

    If DRE actually did discover gold at 24.8 g/t at Metzke's Find back in 2020 why have done nothing? They dropped it in the garden to run after the next smelly bone? From the NT to Kalgoorlie now Marangaroon....You need to ask yourself as gold hits $3000 AUD an ounce shouldn't they be focusing on getting a small mining operation up and running to create wealth for shareholders instead of raising further money (from you shareholder ) to continue the lifestyle of bluesky drilling announcements that equate to nought other than a blip on the sp graph.
    2 years ago people were all in on DRE purely as a gold play now it's nothing but a company with alzheimers that's forgotten how to get home. All in my opinion. DYOR.
    https://hotcopper.com.au/data/attachments/5170/5170147-1220150f3c25f80a11144e2035ae8487.jpg
    https://hotcopper.com.au/data/attachments/5170/5170150-79a2a75df2864d30ea78be7564b26a4f.jpg
 
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