DEG 4.10% $1.40 de grey mining limited

Ann: Falcon Major new gold discovery at Hemi, page-23

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  1. 1,292 Posts.
    lightbulb Created with Sketch. 1314
    Definitely not priced in! How can it be if they had to rename the area given it was unnamed land beforehand?!

    Two bits of great information:
    1. Aquila intrusion strikes for 1.2km and the new Falcon intrusion strikes for over 1.8km - potential to contain more gold than Aquila;

    2. The new Falcon intrusion is open and has similarities to the Aquila zone - potential for similar grades/findings to Aquila.

    Given the heavy selling yesterday by what appears to be a Dutch broker, then I imagine we could be looking at a strong rebound given this new discovery seems to have caught everyone out of the blue.
    Last edited by LJohn: 02/09/20
 
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