My take on the matter is that DDD are not the issue, the reserves are not going to be an issue either, it is simply the location and the government red tape that lies before them.
The Haitian govt have been saying for years (since the last big hurricane) that they intend to open the country up to mining to enjoy the income it can provide to help grow and develop Haiti....however, to date, a clear and easy path is yet to be established.
Enter DDD. As per their last presentation, DDD are tying to become first movers in Haiti as a foreign miner.
So like a first born child, DDD are going to have to beat a path for all predecessors to follow.
Expect red tape, delays and the unexpected. However there is gold in those hills and once we have some equipment on the ground, I’m sure more gold will be revealed. For me and my level of risk, I’m happy to play.
IMO, the risk lies with the govt, not DDD or the ground on which they wish to explore.
DDD Price at posting:
0.9¢ Sentiment: Buy Disclosure: Not Held