OTCPK:DRLDF - Post by User
Comment by
Geowatchon May 19, 2018 12:13pm
449 Views
Post# 28056494
RE:Dalradian mine will go ahead
RE:Dalradian mine will go aheadDoesn't look good. These protestors came to the PDAC and voiced their concerns. There is always social risk. The company has $126 million in the bank and continues to drill. Why? We know the gold is there. Finish the study and start the construction. More drilling is not needed.
Share price has done nothing for the longterm shareholders. The CEO owns just over 1% of the scompany and takes home over $600,000 a year. Sure the Market cap is up but being trading sideways for a longtime. Only once in production will the share price respond. So dead money for a year. Time will tell.