Dynasty Gold Corp V.DYG

What are people not seeing here?

[checkmate28]

1) Trading under $8m Market cap

2) Cashed up!  From 9-23-24 Press release: Dynasty will soon announce details for its fall drill program. The Company is well funded for its 2024 AND 2025 exploration programs.

3) Fall Drill program phase at Thundercloud starting now.  The crew is on the ground per most recent PR. 

Thus far, the last 2 years they have produced a lot of high grade, near surface, open pittable results

Their surrounded by majors and have only tested 5% of their land package. 

 Whats going to happen if current plus next years drill results produces near 1 million oz high grade resource with little or no new financing?? 

So far 61M shares out with cash in the bank proves to me tha've been good stuards of their cash. 

Great Insider support : Rob McEwan the largest share holder followed by Ivy,s $5.6 Million shares
more reasons to take care of the dollars. 

 Bottom line here how much risk could there be at $7 MC, cashed through next year and lots of drilling on the way? 

 

 

[Tree2tree]

The problem is, this thing was hyped to the moon a couple of years ago, based on a couple of holes and sketchy details.  I didn't fall for it then.  It may be worth another look now with additional drill results, but it has also been diluted.  This is still a lottery ticket, not a mine in waiting.

[checkmate28]

This is still a lottery ticket, not a mine in waiting.  Of coarse not, but at $8 M market cap, tell me what is your worst risk and how does that compare to the possibilities for a nice reward?  You mentioned dilution, there at 61 M  OS , last financing 18 mths ago at .30 and they still have the cash from that financing.  Basically trading at the 2 year low with POG lifting off