DRG draig resources limited

DRG Chart, page-34

  1. JID
    3,299 Posts.
    lightbulb Created with Sketch.  70
    Hi Seth,

    I think that's a fair call to keep the maiden resource expectations realistic. I wonder, however, how many other investors do/ have.

    There are good signs here of course and inside buying is always good and the address and history is excellent.

    Nordesmic makes a good point however on the BRB threads that maiden resource is a risky time for investors.

    DRG has gone through the exciting first "discovery" phase and subsequent rerate and now it is about increasing the size of the prize ... much more of a slow burn for the patient investor than the emotional speculator.

    DRG is valued relatively highly compared to their immediate neighbour EAR - however, considering they have a mill and >1m oz already. If their drill bit keeps on delivering though, and at these grades, it will turn out to be dirt cheap in the years ahead. Maybe a bet each way and hold some of each

    [Whenever I cruise past a company and I see your name on the thread I know I need to investigate deeper ... now all I need to see is Eshmun show up !! I have to say though, a mate at Sprott suggested I drive past so there are others looking at this closely]

    Cheers
    John
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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