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didn't see a reason for the drop today so thought why not. Seems to me a good gamble. No deal lose it all deal should get a few bag hopefully. we will see. I can't see it going to the wire if a deal is being done lets roll the dice :)
I'm not selling and will see this through to the sweet end! The potential is still here. Cheap stock now available on the market. Mcap of just �700K. The CEO, Luke Bryan, said that he could say nothing to me when I last spoke to him, as it would be price-sensitive. So it's a question of holding for the RTO.
Kalahari Metals controlling shareholders are Luke Bryan and Adam Wooldridge. There seems to be a very good chance that KM will be reversed into DRG. The licences that KM hold seem very attractive by reason of being in the Kalahari Copper Belt and that MOD Resources and Cupric Canyon hold licences there with which they are well on the way to successful development, being T3 and Zone 5. MOD Resources announced on 5 January a record high-grade Intersection at T3 and reported � 18m @ 4.3% Cu and 94g/t Ag � highest grade intersection at T3 to date � Significant widths of high-grade vein hosted copper and silver should positively impact the large T3 Pit Project resource � resource upgrade expected late January. MTR are in JV with them. This is the link to the ASX announcement with greater detail :- http://www.modresources.com.au/asx-announcements Cupric Canyon's flagship Zone 5 deposit is one of the most significant high-grade copper discoveries in recent years, with a current sulfide resource of 100.3 million tonnes @ 1.95% copper & 20 g/t silver (43% of these tonnes are contained in the measured & indicated categories). In February 2017, CC said that the $350 million mine is expected to produce 50,000 tonnes of copper and 1.4 million ounces of silver a year over its 25-year lifespan. Future expansions could increase production to at least 120,000 tonnes copper a year, the firm said, adding that first shipment of the red metal to markets is expected in 2019. More information can be found at https://www.cupriccanyon.com/development-exploration/zone-5-resources The Kalahari Copper belt is a highly prospective area and with KM having licences there, it seems to me that the company would be a great asset to be introduced to the market by way of an RTO for DRG. Remember that DRG announced before Xmas that they remained confident that the company will either complete, or have entered into, a transaction, satisfying AIM's RTO requirements by the deadline of 20 March. That's not very long to go and as was seen in this week's trading, interest is growing in DRG. There is always a risk that they run out of time, but as Luke and Adam have been involved in building Kalahari Metals since May 2017 and the company has been awarded prospecting licenses and signed an earn-in agreement securing over 4000 km2 of exploration acreage, IMHO they are ready for coming to the market via DRG.
All good share chat but it is the actual share price movement that counts. Time will tell.
Expecting something soon with all this rising
When I saw this was 20% up. Nice to see some movement here although I expected an RNS to back it up.
The Dragan has had a little leak?
DRG getting some love today. Same Mcap as PIRI however they don�t have an investment worth �1M like PIRI does... I know which one i�d rather have my money on!
Are arriving to sun themselves ?
The big dragan is stirring....
News incoming gla
Come on dragan, time to fly. Having a rest today. I don't know! All right for some lol
I just asked the question at Lloyds and this is the response I got from an advisor: Are you aware of the industry wide regulation called MIFID coming into effect officially on 3rd January 2018? This regulation changes what brokers can trade based on where it is incorporated (for example a US ETF becomes ineligible for UK brokers) and whether the manager of the security can provide certain documents (called a KID). In any case where these cannot be met then we as a broker, and any other company under the jurisdiction of MIFID cannot allow further investment, however we can allow customers to hold their current investment until they choose to sell or the manager remedies whatever is not MIFID compliant.
A fire breathing one!
like a dragan....?
This will fly
A good hold here could be the start of something
Don't want to see them again! If anyone's thinking of selling into the rise, then don't. With Luke and Adam at the helm and RTO expected with a multi-bagger in prospect, why do so.
Nice entry and even lower than cornerstone with just under 30% and Directors and most investors as well.
Just tried to top up but Lloyds no longer deal's in this stock is that good news or bad ?
bargain current price without even investment announced this reached 1.15p i'm fortunate i got in at 0.48p only 3 months until the deadline very small market cap this will spike up big time
Fully agree 3months to finalise RTO Expecting a swift move here
Is my tip of the year. Putting it out there ramping or not!!
Happy new year good 2018
For all those who have invested in DRG, a very happy and prosperous 2018. For those not invested, take a good look at this cash shell. It could be a real winner for 2018.