DRK
Click for more information
0.00% 1.2¢ drake resources limited

Thing is though they've only reported gold chips and theres...

  1. BigBurger
    94 Posts.
    clock Created with Sketch.
    19/03/14
    14:21
    Post #: 13146912
    Thing is though they've only reported gold chips and theres nothing solid to go on yet. Theres a couple of issues I can see, the first is all the surrounding gold minds are low grade and high volume. Its not uncommon in Africa for extremely high trenching results to produce low drilling grades. Also it appears to me they will also need cash to do any trenching or drilling to firm up these initial results.
    DRK Price at posting: 4.9¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

FHE Frontier Energy achieves key milestone for Waroona energy project
right-arrow Created with Sketch.
GYG Guzman Y Gomez shot up nearly 40% in first hour of trades. Can it last?
right-arrow Created with Sketch.
NEWS From the Floor question: "Is lithium dead?"
right-arrow Created with Sketch.
NEWS From the Floor: Gold questions answered...
right-arrow Created with Sketch.
RDN If you thought lithium was dead, think again. The Pilbara will be central to the next upswing
right-arrow Created with Sketch.
CC9 Chariot Corporation marches forward with discovery-level drill program in Wyoming, USA
right-arrow Created with Sketch.
watchlist Created with Sketch. Add DRK (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.