OTCPK:DRLDF - Post by User
Post by
siempre33on Jun 05, 2015 7:23am
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Post# 23799768
Sprott likes Dalradian.
Sprott likes Dalradian.Some of the names that we have added to are Dalradian Resources Inc. (DNA:TSX), Lake Shore Gold Corp. (LSG:TSX) and Pretium Resources Inc. (PVG:TSX; PVG:NYSE).
TGR: Dalradian recently released an update on progress at the Curraghinalt gold project in Northern Ireland. What are the metrics you will be watching when it releases the prefeasibility study?
MS: Dalradian has been advancing its project quite nicely. We're expecting prefeasibility by the end of 2015, but before that, we're expecting an update in its resource estimate in Q3/15. We are looking for conversion of Inferred resources to Measured and Indicated resources. The company is doing an infill program, so we are looking for a demonstration of continuity and a demonstration of thickness and grades of the veins that it is exploring. Then in the prefeasibility study, we're looking for any changes in capital, operating expenses and recoveries based on metallurgical testing. The company is considering changing the processing method so that instead of shipping concentrate overseas, it will actually produce doré on site. That would be quite interesting.
https://www.theaureport.com/pub/na/sprott-fund-managers-sticky-contrarian-investors-wanted