Dateline Resources (ASX: DTR, OTCQB DTREF) continues on its merry way upwards. For those who love to watch the share price on a daily basis it is doing damage to your heart (nothing goes up in a straight line). But for those who have longer-term aspirations, the trend is your friend, and the trend is up.
The total shares on issue are now briken (approximately) into thirds. One third is owned by management, one third is in Australian investor hands, and one third is in American investor hands. And the Americans are still buying all the Australian shares they can. This means that in just 43 or 4 months, American investors have piled into this little Aussie company.
Is the future good for DTR? Absolutely. REE rock chip assays are due any minute now and this will give the 24 cent share price a significant boost. And that's just rok chips. The results will be combined with other data to determine drilling points for a more accurate look at what's there.
And the gold just continues to look significantly awesome. The drilling program for gold isn't far away from starting.
Lots of gold, lots of rare earths, right next door to Mountain Pass (America's only rare earth mine and only processing facility), strong and experienced management, spoken about (publicly) by the highest American political circles, lots of news, lots of solid announcements to come in quick succession, heaps of hype, and tons of buying pressure.
There's no wonder why all my liquidity is in DTR. Look for the share price to double well before Christmas.
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