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09:19
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Originally posted by Arh0070:
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Deg is clearly a quality explorer ,no question about that ,though anyone thinking about buying should check into the past history of management .I owned it at 4 cents or so ,sold out too soon as I often do .However one doesn't go broke making a profit as they say .Reinvested in other small golds .I have learnt a lot from the Eric Sprott podcast even though I have been investing in this space for more than 30 years though only recently in Aussie stocks .There has been an amazing run but clearly time for a correction to shake out the weak hands .Erics point was that you sold out when something becomes overvalued relative to peers .I am by no means an expert but it became pretty obvious using Erics criteria that there are several Canadian explorers with success similar to DEG that are much cheaper .
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U r soooo wrong. deg will go to 30 maybe 40 m ounces. Next year we will have a shareprice starting with a 2 (and not 20 cents or 2).
(20min delay)