Post by
stocksnbonds on Aug 25, 2020 12:58am
News today?
Hopefully we finally see the news this management has been saying we will finally receive.
The last PR was dumb. It was a PR to tell us there would be a PR. The only news-worthy items were certain basic comparisons. That was interesting albeit not new. It was info in one place-yes-- nothing new.
Looking for new news on the holes drilled. Results which will be used in a maiden resource calculation. That's something that will move this stock to multiples of where it sits now. I was happy to see the PP taken up positively albeit the kicker was at 40 cents. That's not too far off so not much risk for PP investors. DAU needing to pay a 7% finder's fee. That's high. Would have liked to see positive results released earlier so less dilution. Could it be that the results are not good? Time will tell. I have a boatload of this stock paid at market prices unlike the PP folks -- lucky you!
Until results start coming in to the shareholders, we really don't know what's in the ground in their main drilling sites. The only good PR we've had is the company's paid advertising to stockhouse!
By the way to a recent poster-- Buffett Buffet doesn't like DAU. He doesn't know it exists. He invested in Barrick Gold due to juicy and plump profit margins. He actually is on record hating gold as it doesn't pay a dividend. Buffett likes industries which have very high barriers to entry and enjoys making those juicy profits with those high barrier entry indutries. Banks, railways, insurance companies, Apple, Coke, Gillette -- basically 75% of his holdings.
Good luck all. Seems Tuesdays are a good release day for news. Hopefully we get something. One can hope right?
sb
Comment by
Bucky86 on Aug 25, 2020 11:30am
I emailed IR and they said by months end likely... so another week or so hopefully at the most but could be anytime
Comment by
Stockhot7 on Aug 25, 2020 7:28pm
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