DEG 6.04% $1.40 de grey mining limited


  1. 761 Posts.
    lightbulb Created with Sketch. 223
    It has always been my opinion that there is nothing special about this company.

    In other words, I don't feel deg will turn their exploration into an economical mine.

    IMO, 1.8g/t au will slowly deteriorate once Modifying factors, recovery treatment- loss &
    AISC are implemented.
    Not to mention when the price of gold starts coming back down to Earth.

    I still believe 100% that this has been pumped.
    Question is, Has it been pumped to the max?

    So what's ahead???

    I think the announcements will be less frequent for quite some time & also
    any good/ ok news will have less impact.

    IMO, dips & peaks along the way, but ultimately to reach 5c by 28/04/21

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