It's got to be in directors interest to just offload 1% or so of...

It's got to be in directors interest to just offload 1% or so of Solg et al, to keep money in the coffers esp with DGR so fundamentally undervalued. They own a lot of DGR shares themselves.

People can argue DGR should/shouldnt be at a discount to NTA till the cows come home.

It's a beauitiful thing to be this undervalued. Just gives me this overwhelming feeling that the most highly likely scenario is up.

How far are we going to go down worst case? Even if we had defined the edge of the resource cascabel, and other targets were below par (very unlikely scenario), then we would probably not go under BHP takeover price again. Well I expect they could offload this thing entirely at current size, no further upside at BHP takeover price. It would obviously take time for this worst case scenario to play out, plenty of prospects to discover potential and time for management to pivot.

Read the forums on SOLG. Almost nothing but delight at proceedings. In the last week we have seen how far IRR can travel when she gets going, management own 80-90% of IRR shares apparently!

I feel very confident here in a way I don't with my other stocks. Not many stocks are both hugely exciting and present such excellent value. I've got value plays, and I've got exciting huge potential plays but DGR trumps them all in both categories.

42% of my portfolio in this and thinking of buying more... No kidding.