DEG 2.30% $1.11 de grey mining limited

Ann: Greater Hemi - Gold targets light up at Scooby & Antwerp, page-112

  1. 2,758 Posts.
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    Linking two economic deposits that are in very close proximity would be a terrific boost to mining efficiencies -- think lower AISC = higher margin = higher sp = more t/o interest (as if there isn't any haha).

    For this to happen: a) the space between must be drilled, eg. at 25m spacings, and; b) depending on grade, its shape, a strip ratio must be determined. IF economic then join them. One major factor in determining pit shell is, of course, the PoG.

    IF all OK, if, imagine the light that beacon would emit to ALL world majors whose reserves are declining daily (they're all declininig -- it's the nature of mining).

    OV

    PS I'd begin the IR campaign with two simple side-by-side photos taken from space: DEG's Superpit v Kal-something-or-other's hole -- haha!
    PPS Those unimpressed with DEG's sp (me) and incessantly kvetch about it (not me) should very simply vote on DEG, ie. sell.


 
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