Ann: Sale of Mt Dove Iron Ore Royalty , page-5

Well at least it is a get out of jail free card for this year. The funds should keep DEG ticking over for the rest of the year without needing to dilute even further via a placement. In the meantime hopefully some results from this years field campaign in Argentina might boost the flagging SP to levels where a placement needed for further drilling will not fully destroy whatever remaining value there is in DEG. Also, if drilling continues in the Turner River province as part of the JV, further expansion of the resources there may see a re-evaluation of the economic feasability of the gold and VMS resources. Clutching at straws here, but there might be life in the old dog yet.It will be interesting to see if they have any good news re exploration in Argentina in the qtr report due later this week