DNL unknown

another dud drill result???

  1. 5,711 Posts.
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    I can only assume yet another drill head has come up empty, that kind of move on that volume is not a corrective pullback.??

    This company has had a heap of positive press, but the reality is they have come up empty handed everywhere they"ve looked so far. Falconbridge is making sure they pay top dollar for the brown fields stuff as well, with agressive clawbacks if DNL does produce something.
    And now they have 54,000,000 shares on issue where did that flood of scrip come from?. oUCH....

    Anyway they still have cash and irons in various fires so a very reasonable punt it remains...

    GL
 
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