Dalradian Resources, Inc. DRLDF

Why poor performance?

[Mazz889]

I am wondering why this stock is performing so badly! Any thoughts? Future prospects?

[andrewsuds]

I have no clue! If something bad had happened and been leaked:  a) it would have lead to a sharper drop in the price, not this steady decline b) the company would have disclosed it by now Im holding out hope someone is pushing the price down because they want to buy us out? Maybe that's too hopeful... hold long!

[brianjoyce2]

ummm... have you noticed the stockmarket the last week or so of trading? Most everything is down. This isn't an event specific to Dalradian.

[stockfy]

I believe it has to do with DNA's fundamentals. DNA is debt-free with $48 million cash but it's an explorer with zero revenue, it's not a proven producer, so DNA has a lot of risk and speculation associated its business plan. In the meantime, DNA's Price-to-Book Value is almost 2 times, so DNA is very expensive from a valuation standpoint given that it's a risky and