DEG 0.22% $1.15 de grey mining limited

New Interview with Hennigh, page-2

  1. 4,164 Posts.
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    @power55
    Very good report.
    This is only the beginning of the bulk samples.
    Continuity is almost certain as QH said in this interview.
    We will have more sample results soon and no doubt will be of higher grade imo.
    What makes me have that opinion is the trouble reported in the detecting on the conveyor at the test facility.
    The continual interruptions suggest the the grade is more than 1.5 g/t but we will not have to wait long for confirmation of that now.
    1.5 g/t is not many nuggets and therefore not many interruptions.
    I find it unusual that Novo is up overnight and both arv and deg are down.
    Novo is totally dependant upon success of the Conglomerate and both arv and deg have other resources to support their story.
    That questions the opinion that the share price dropped yesterday because of the bulk samples and also the question of current valuations of all 3 above.

    Deg remains undervalued imo and any further retrace will represent more of a bargain.
    It will also give me a chance to top up at lower price if this were to continue.
    More news will be out soon and as you alluded to @JoseyWales33, Patience.
    Wack.
 
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