I believe that a cash-out of DTR would be both unlikely and...

I believe that a cash-out of DTR would be both unlikely and ill-advised for the following reasons:

· The company is very tightly held by senior management and Board

· The share price held up very well throughout the market collapse of the first half of the year

· Gold production has already commenced in Colorado

· An initial mineral resource estimate was released last month of 813,000 ounces of gold at Colosseum

· In terms of rare earth potential, MP Minerals, the operator of Mountain Pass, has a market capitalisation of about $6 billion compared to the $60 million attributed to DTR. Thus, it is valued at just 1 percent of its adjacent rare earth producer!

If ever there was a long game play this is it