Let's catch up on Dateline Resources (ASX: DTR). These guys continue to move forward at a good pace. All the research I have done indicates the following:
The gold system they are on is massive, far in excess of the 1.1 million ounces already announced;
The REE system they are on is massive and where other companies meaure their results in parts per million, there is so much here that it will be measured in parts per hundred (in other words, as a %).;
The listing on the OTCQB board in the USA has seen the Americans purchase a large chunk of the company and, in my opinion, those shares are not coming back to Australia. They will only continue to buy (and have indicated that they intend to take this share price to staggering heights);
The Australian investors don't seem to understand the dynamics and are content to take small gains (making it a great buy on the ASX - especially for the American investors).
There is a steady stream or results and news coming and that will get a lot of excitement around DTR. The REE results are likely to trigger a large jump in the share price following the 65% jump (in one day) by the nearby Mountain Pass.
A floor price has been set for rare earths and it just remains for DTR to see what they have and deliver assay results.
In my opinion, the share price will more than double to 25 cents before the end of the year, but then I also said it would reach 2 cents by the end of June, so what do I know. At 9.1 cents currently and trading on 2 markets, DTR is set to explode.
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