drilling speed, page-15

I don't think anyone here claim to be experts and don't think many use these posts to make important decisions

I don't see any harm in people being upbeat or excited by a stocks prospects, don't see it as misleading.

Now they have done the 3D model report and while I am not going to even try to make much sense of it, reading it does suggest some areas of interest.

But the proof is in the samples they are now drilling

Yes they have to get a full lab report but I would assume an experienced geo would have some indication when they pull them up.

Now as for trading,
it does seem strange that as soon as the ann came out that drilling had started there was initially expected buying at 0.3, but then straight away there was abother 50 mill put on the sell side in a number of orders but fairly large orders.

Why would anyone put shares on the sell side when drilling had just started, are these real sells or just props, do they want to sell or trying to get some to sell at 0.2, maybe if they are near the top st 0.2 a good sized sell might, in their mind, get someone to sell.

Now if these reports I am reading are accurate and do contain deposits anywhere near that is Mt Weld then this could be quite an investment.
this is from LYC recent ann
Lynas owns the richest known deposit of Rare Earths, also known as Lanthanides, in the world at Mount Weld, near Laverton in Western Australia

Now I know you cannot compare DMN to LYC at the moment and might neverdo,
but DMN has a market cap of $11 mill and LYC has one of neary $4000 mill, or 350 times
and 2 years ago LYC was 8 cents and now $2.30 or around 30 times
shares on issue is not nearly as important as market cap, if say LYC wanted to make a play on DMN they would look at market cap and that detemines what offer they put forward, the number of shares does not matter at all.

now we don't know what they will find, if anything, but if they went into a TH in 3 weeks and then said they have found significant REE what would you estimate the shares would open up at

There will be a few weeks now of games with the sp, some might take a tick or 2, some will hold in the hope it will be a LYC type play.

Now a question I have for them, they are drilling 2 holes, what then, will they drill more and what will be the factors on if they will drill more.
I take it the first 2 holes will not be the end of it, they obviously have more than 2 targets there but they have to start somewhere.