DEG 2.28% $1.07 de grey mining limited

Bets on Monday’s close!! 19 cents for me, page-98

  1. 642 Posts.
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    Interesting that you should mention Eric Sprott .On his Friday podcast De Grey mining was mentioned as a great performer .Another interesting question for Eric was how do you decide to sell and buy something else .His answer was that if he can sell one stock (his example was Kirkland lake gold)and buy something way cheaper (his example was Jaguar mining )then he sold one and bought the other .His Jaguar has gone up about 100 fold from when he bought it at 8 cents according to the Podcast .Lets just think about De Grey ,enterprise value 2 billion with around 2-2.5 million ounces Au proven with presumably more to come .Compare that Enterprise value to say Freegold with 6 million ounces ,(Eric 25% plus, )Wm with a very large regional play or even Fiore gold ,2.5million ounces ,a producing mine ,free cash flow and an enterprise value of about 150 million$ Canadian .What would Eric do I wonder???
 
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$1.07
Change
-0.025(2.28%)
Mkt cap ! $2.564B
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$1.09 $1.10 $1.07 $7.814M 7.263M

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No. Vol. Price($)
3 98271 $1.07
 

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Price($) Vol. No.
$1.08 14861 2
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