DEG 4.10% $1.40 de grey mining limited

Ann: Further coarse gold in bulk sampling at Loudens Patch, page-22

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  1. 328 Posts.
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    The options being exercised kept this down alone. The market isn't very liquid at the moment - especially in this space - not just a DEG thing. When it is liquid it will get sold into because people just want short term results now.

    They are in a position where they need money before July - who is going to invest significant volume at a higher price with uncertainty around?

    If you wanted to make money short term you missed your exit. But to say it is going nowhere shows a complete lack of foresight.

    I will have to rehash some of these kind of comments years down the track. I've read some great ones over on the GOR thread lately. They hit 50c in 2011, dropped back to 4c and is now at 92c+ and surging. Not saying the two are the same, but there are cycles in everything when going from exploration/funding through to production.

    If you truly don't believe anything will happen in the future then i'm not sure why you are still here. I would have left awhile ago.

    Anyway - I wish you all the best and who knows, we may see you again down the track.
    Last edited by nichbaker: 28/02/19
 
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$1.40
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Price($) Vol. No.
$1.40 199327 9
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