DEG 0.36% $1.38 de grey mining limited

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    next week wonder if we get some news next week before they present!?!
    Monsters of Rock: Five presentations to look out for at next week’s massive Diggers and Dealers event in Kalgoorlie

    DE GREY MINING (ASXEG) – 8.50am Wednesday August 9


    RBC pre-empted De Grey’s presentation next week by initiating on the stock with a screaming buy notice, predicting some 35% upside in its share price.
    De Grey’s 9.6Moz Hemi discovery in the Pilbara has been the talk of the gold world for some time, and a DFS is imminent.
    The study could be the trigger for the project’s development into one of Australia’s biggest gold mines, but it could also trigger a major M & A standoff between some of the gold sector’s biggest players over just the third world-scale gold development in WA this century.
    It comes on a big morning for gold stocks. De Grey’s Glenn Jardine will be following the always interesting Evolution Mining (ASX:EVN) chairman Jake Klein and gold legend Raleigh Finlayson, back to outline Genesis Minerals’ (ASX:GMD) strategy after picking up his Gwalia gold mine prize from St Barbara (ASX:SBM).
 
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