Dalradian Resources, Inc. DRLDF

Positive Feasibility study!

[DivideNsputter]

https://news.sys-con.com/node/3969713

[DivideNsputter]

Thought the FS would have this stock surging today.... Doing the opposite. Not sure I understand what's going on with this company and the market sentiment. Any thoughts?

[Philtmcnasty]

The results of FS were a little underwhelming.  The net present value according to the FS is C$400M compared to a market cap of C$320M, and that is assuming gold price of $1,250.  So you have NPV, with all the risks inherent in a project as yet unbuilt, only slightly higher than the current value ascribed to the company and price of gold is almost $100 less than the price used in that

[R_J_]

Dalradian Announces Positive Feasibility Study for the Curraghinalt Gold Project Demonstrating High Profitability and Strong Returns Offical PDF version - https://s1.q4cdn.com/162468244/files/doc_news/121216/DNA_PR-Dec-2016-FS-FINAL.pdf - - Louis James Comments Quote: - This is excellent news from Dalradian, though in disguise as “merely” good news

[andrewsuds]

The study says the project has an NPV of 300 million and the market is valuing us at $300 (roughing and roughly), so the price is just moving around with the price of gold which has been falling. Longer term there's lots of room for adding resources to this mine and for the pog to increase so im hanging in there..