Bullboard - Stock Discussion Forum Dalradian Resources, Inc. DRLDF

Metals & Mining Gold

"Dalradian Resources Inc is a gold development and exploration company. The company is based in Canada, but it is primarily involved in the acquisition, exploration, and evaluation of mineral properties in Northern Ireland. One of the company's main assets is the Curraghinalt Gold Deposit located in Northern Ireland."

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Dalradian Resources, Inc. > PP that marks the bottom of the cycle

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Post by stitch1956 on Sep 16, 2015 12:33pm

PP that marks the bottom of the cycle

Gold at four year lows, stocks down 90% and gold stock sentiment at zero. Did they really need to raise that much money right now? It jsut seems like they have called the bottom and I'm sure we will see that management is pariticpating in the raise in a big way. This is a great project, but why dilute like this at the very bottom of the cycle. Ten million would have been fine, 35 is a piss off unless they offfer it to all shareholders.

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