DEG 4.11% $1.14 de grey mining limited

We are building a Mine Baby..., page-18

  1. 30,340 Posts.
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    @Poodleface
    I guess he is talking about opportunity cost, the cost of having your capital tied up and loss of opportunity to use it elsewhere to potentially make money.
    If you need to access it early for any reason, you can take a loss.
    That said, the outlook for gold is very bullish as the rest of the world slides into chronic uncertainty and even instability.
    Your points are well made.
    There is always a lag if you're not yet producing. There will be no shortage of shares being traded in the meantime due to the SOI.
    But this is the situation, the outcomes are variable but it is a very seriously interesting stock. No question about that.
    commenting today has been a challenge with all the outages...sorry if this is repetitive.


    Last edited by dolcevita: 09/05/24
 
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