Post by MikeTesteron Jan 24, 2025 9:41am
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Post# 36418715
Dakota Gold Corp. (DC): Unearthing Value in the Homestake Di
Dakota Gold Corp. (DC): Unearthing Value in the Homestake DiLooks like Dakota Gold is making serious moves in the Homestake District. 188 drill holes and 360k feet of drilling since 2022 is no joke. Richmond Hill's maiden resource of 1.33M oz indicated and 1.13M oz inferred looks promising. Management seems experienced with 50+ years combined knowledge of the area.Cash position is solid at $14.7M and they've got Orion Mine Finance backing them with a $5.86M investment. Burning through cash with $10M quarterly loss but that's typical for exploration stage. Interesting play for those betting on gold discovery potential in an underexplored historic mining region.BeyondSPX continues to deliver high quality in-depth analysis on just about every US stock out there, even microcaps, for free. Definitely worth checking out their full breakdown of Dakota Gold. https://beyondspx.com/article/dakota-gold-corp-dc-unearthing-value-in-the-homestake-district