DEG 7.42% $1.23 de grey mining limited

DEG, page-361

  1. 196 Posts.
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    Thanks gbgirl.

    I wonder that this tangled quartet of Goldfields, Agnico Eagle, Gold Road and DeGray are not more in the news as per your referred article.

    While DEG shorts have been decreasing, GOR shorts have been increasing. Does this tell us anything?

    DEG is obviously the prize and Agnico the most likely predator having only a single mine in Australia.

    Goldfields would love to get 100% of Gruyere but need someone else to initiate the action (Agnico).

    GOR are the problem. They have 50% of Gruyere and 20% of DeGray and not much else. Their "shortlife" is starting to look even shorter.

    Anyone know if Agnico and GoldFields have any sort of a relationship which could lead to Agnico untangling this mess?

    We could find that shareholders of all 4 companies turn out to be winners. However, the over staffed, underworked GOR office in high rise Perth would be no longer.







 
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