NPM 0.00% 1.4¢ newpeak metals limited

Where to now for Dark Horse?, page-3

  1. 2,702 Posts.
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    LKO was out of DHRs hands. LKO has cash flow for the time being and a drilling prospect. DHR has hit it's targets for this year in drilling Las Tapias. Results pending and if poor they move on and abandon th lease.


    Just things are far too slow for DHR and at this end of the market that i can see makes a big difference as to who's a winner. Long term i'm still comfortable with DHR and it's 33% it holds in LKO may become of some value once the site in SA is drilled. 


    Also we can assume the drill results at Las Tapias aren't going to change significantly and so well 0.008 could be where DHR stays this side of christmas. 


    Question is how many exploration projects to break a company, i.e before they become too diluted etc etc etc. Also these sites have been aquired by DGR, thinking there is no money back guarantee and so my hope is we aren't being flogged duds by DGR and the argies !!!



 
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