DEG 3.68% $1.20 de grey mining limited

Gold Price, page-531

  1. 426 Posts.
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    You're playing games. In 2022 and early 2023 the SP was over $1.50 and as high as $1.68. I'm guessing there are lots of current shareholders who bought at that price and would gladly trade in their holdings, destined in the next 10 days to drop way under $1.00, for a T/O offer of $1.50/$1.68. I actually hope (and I think there is a good chance of it now) that we get a T/O bid and I can cash in my shares and look to getting back in 2 to 3 yrs time when this thing is actually close to selling sh!t and making $$$.

    One thing we have to understand as tiny Mum and Dad retail shareholders. We need to be as ruthless about our own self interests as the institutions, the Banks, the big wheeler and dealers and the "sophisticated investors" as they like to call themselves. What DEG is banking on is that there are enough mug retail traders out there who will give them a 3 year interest free loan while they build up their assets for the "sophisticated investors" etc and when it comes time to rake in the profits they will screw over the mug retail investors with another CR or at another general meeting that sees the cream channeled to the institutions, the banks and the Big wheels who only recently bought in. So Im not ashamed to say that the sooner I can get out with my shirt and then after 3 years when all the hard work has been done by the mug holders I can come in at the last moment and rake in some of that cream for myself. Its business baby. So play it like a business person cause thats how they play it.
    Last edited by NoImSpartacus: 18/06/24
 
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