I'd be interested in hearing from traders that follow De Grey and their view on the gold resource base as described in Fridays release and their reference to the previous weeks resource estimates. Also the implications for the Platinum JV with SA Implats. This seemed to me to be a fairly good deal with limited risk for De Grey. They seem to be having so much going on...
I've had a look at the charts this morning and recent spikes and if this opens higher on Monday, may well be worth a look. I took a position on Friday in the options which have a 20 cent strike and expire in July 2005. I'm happy to hold these for a while, particularly with the renewed interest in gold mid range plays such as Bolnisi and De Grey.
Cheers
SB
turner river
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$1.09 |
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