The Critical Investor
Long/short equity, Deep Value, natural resources, medium-term horizon

Dalradian Resources: Stress-Testing A High Grade Gold Opportunity In Northern Ireland

1. Introduction

After some articles on base metal juniors, here is one about a gold exploring company again. This time it is Dalradian Resources (OTCPK:DRLDF), a solid gold junior, which will be analyzed thoroughly to see if it is worth investing in. Its high grade flagship Curraghinalt gold deposit, part of the Tyrone project, is located in Northern Ireland, Europe, which is next to very mining friendly country Ireland as this last one ranks 4th out of 112 countries/jurisdictions on the latest Fraser Survey 2013 (no data on Northern Ireland available but permitting procedures are as thorough and this country has seen its fair share of mining before so I assume it to be mining friendly).

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