My thoughts are that management can ill afford a miss. Whilst prospecting has been taking place on gold mines, management hedged all their bets into the las tapias drilling. Perhaps if they'd been drilling two sites to mitigate the risk of finding nothing at one site we'd at least would have seen progress. Really feels like DHR has gone nowhere this year.
I bought into DHR for lithium and couldn't give a flying "F" about gold. So by my count they are now 0/1. 0/2 would put this whole company's future in peril as the only way they'd get funding would be to heavily dilute the shares at a cost to us ordinary folk.
Yes he who dares wins, but can't help but think if they'd planned and managed the risk a bit better things wouldn't be so bleak. Has this horse gone lame ?
DHR Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held