DEG 4.76% $1.21 de grey mining limited

Encroaching, page-50

  1. 5,056 Posts.
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    I made 300%, was a lot more before it dropped.

    I’ve moved it across to another gold play and turned that 300% to another 100% gain.......in other words......DEG would need to be $1.60 now for me to be in the same position. I’d also say I have plenty of further growth in the new play so to match it with DEG’s price based on my targets I’d need to see a DEG price around $2.50 to make it worthwhile staying. I don’t see DEG being $2.50 for a very long time.

    Risk, gambler, whatever......I assessed DEG, made the right call to buy in when I did. I’ve now assessed another play and obviously again made another good call

    I’m not saying people are wrong to be in DEG or they should sell......I’m just pointing out I’d rather grow capital than just hold a good share and maintain capital.
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