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Bullboard - Stock Discussion Forum Dalradian Resources, Inc. DRLDF

"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."

OTCPK:DRLDF - Post Discussion

Dalradian Resources, Inc. > Don't Get Fooled!!!!
View:
Post by BUCKWHEATSCHANKO on May 11, 2016 9:42pm

Don't Get Fooled!!!!

Lads...the results from this mine from the latest release are excellent...I had this confirmed by an independant engineer...... However......He advised, " As these results are good, wait until the PEA is done to get a timeline on the life of the mine".......So.......as of now, its a gamble....

Crazy Buck!!!!!
Comment by termic1 on May 12, 2016 6:36pm
While your point is legitimate if you wait for the Preliminary Economic Assessments and it is great; you are going to pay twice as much. The fact of the matter is that anyone who is buying juniors should understand Risk/Reward assessment. If they do not, they should not be buying juniors as there are risks, but not really greater risk if you do you DD. I have had major mines go down the tubes ...more  
Comment by BUCKWHEATSCHANKO on May 15, 2016 7:52pm
Termic....I hear what your saying, and I know there are multiple risks in all junior plays. Been there dozens of times. My concern for than the obvious risks, is the amount of funds required to bring a mine to life. We are talking hundreds of millions. Sure you can buy it and sit on it for years. Getting in at a decent level is easliy achived as well. Dalradians last results were very encouraging ...more  
Comment by termic1 on May 16, 2016 1:25pm
Yea, I hear you, too. But, when I see in excess of 100 million dollars of capital investment by major investors that know mining, I am pretty comfortable on the upside. Good news but can also be bad news especially if they start dumping large quantities of stock. However, my recollection is just over 24 million shares recently purchased.
Comment by next_big_thing on May 13, 2016 10:36pm
So as of now it's a gamble? Really?  You think the people on this board are going to wait until that PEA point and then take a few days to read the report while the stock doubles in price (probably a day or two before PEA is released) ? And then invest when the stock comes down for a correction and loose money until 12 months later when the mine actually goes online?  I will gladly ...more  
Comment by BUCKWHEATSCHANKO on May 14, 2016 8:15pm
It is a gamble....obviously you know jack S#it about mine life...you will not get any investment on a life that provides no less than 10 years.....the real risk takers(the banks) will not provide....Go look at the joke that was done to the GWG investors.......15 year mine life after the PEA was issued and the bond holders pulled the plug.....just sayin.....also getting on board is a mouse click ...more  
Comment by next_big_thing on May 14, 2016 10:53pm
GWG was rare earths.  Who is going to fund a mine when China ia flooding the market?  Spread your BS somewhere else and stop 5 staring your own posts.  AVL would have been in the same boat if they did not have a lithium play right now.
Comment by Gilcon60 on May 15, 2016 11:05am
I'll sell you my shares the day after the PEA is released.