I also think that the price action is associated with the discovery of gold nuggets by other companies. When the company announced the latest lithium results, the share price actually decreased by about 10 per cent! There is a group of rock called Fortescue Group (Conglomerate). My guess is there used to be a river in the region long time ago. It runs through the Pilbarra Region and hosts gold. DEG found gold and its share price increased by %150 today!. There seems to be speculation that the company may have this rock running through its tenements. All speculation at the moment. I increased my holding a bit today and may get some more tomorrow after some more research.
Ann: Assays Confirm Lithium Discovery at the Malinda Project, page-21
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