OTCPK:DRLDF - Post by User
Comment by
termic1on Apr 15, 2016 9:15pm
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Post# 24774035
RE:Making Great Progress
RE:Making Great ProgressAs I had posted earlier prior to the news release. The infill program is very significant. What really happens here is that is not just finding good gold grades, we are talking about moving 3.5 million ounces into the Measured and Indicated category. Should this happen when the final economic assessment is completed and verifiable, you have an instant producing mine capability with approximately $550 per ounce cost in almost no risk country that is mining friendly.
And, it is still open in all directions as well as deep mining capability.
This appears to be a likely outcome but you know how it goes with mines, it could turn bad but I don't expect that at all.
So, I expect to see an extremely good return on this one. I was lucky enough to increase my position by 30% the day before the news release but if you look back you will record buyers on the same day as when I bought in early.