DEG 4.10% $1.40 de grey mining limited

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  1. 339 Posts.
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    I share your pain GoldPirate.  Should have bought Kirkland Lake when it dropped to $21 Canadian and Sprott said it would double in 6 months.  Sprott was wrong, it doubled in 3 months.  Management isn't getting rich on this which is a positive.  They've got skin in the game which I salute them for.  Management have pushed structural side and done very little on conglomerate.   I think they're wrong but can see the argument from the other side.  Looks like 150 million shares dilution by June at around 10 cents a share to payoff Indee  and have funds to operate until they hopefully hit 2 million ounces by the end of the year.  Doesn't look like much additional work will be done on the conglomerates between now and then.  If there is no announcement of bank financing within a week of the PFS being issued, I'll sell and buy Kirkland Lake.  
 
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Last
$1.40
Change
0.055(4.10%)
Mkt cap ! $3.115B
Open High Low Value Volume
$1.38 $1.41 $1.36 $9.178M 6.594M

Buyers (Bids)

No. Vol. Price($)
1 247 $1.40
 

Sellers (Offers)

Price($) Vol. No.
$1.40 199327 9
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