DEG 4.76% $1.21 de grey mining limited

Encroaching, page-48

  1. 5,056 Posts.
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    Love him or hate him our mate Mark makes some valid points.

    Yep, this thing was a monster when it went over $1......but now we’re around 30% lower. I’m not saying this is a HCT but HCT is a great example. The ‘hearts of HCT held that price up for a few months until the writing on the wall couldn’t be hidden anymore.....it then dropped 50% in a couple days.

    Not saying DEG doesn’t have gold or the opportunity to find more.......but I’ve sold my rather large holding and invested elsewhere. I don’t see the point in sitting my money somewhere that has already made me multiple bags when I can move it elsewhere and make more.

    I think DEG won’t go to 5c or anywhere close to it.......but I’m also pretty confident it will be a hell of a long time before it see’s anywhere near $1 again.

    GLTH
    Last edited by Immetoday: 04/08/20
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