Directors announcement on 19th December confirming drill start date had been put back a month to "early January'12" - due to rig relocation delays - suggests commencement will be during the next 7-14 days.
The announcement also advised the delay had been beneficial in firming up future drill targets and IMO confirmation that drilling has commenced should see increased interest and an upward trend in the SP.
My review of the daily share turnover for the past month suggests the seller of 500,000 shares put on in late Nov early Dec could be nearing completion which will assist the SP for this low cap cashed up explorer.
Last SP was only 15% above the 12 month low of 20c and 68% off the 12 month high of 73c - an interesting few months ahead IMO.
DRK Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
