$2 dollar club, page-448

First 448 Last

Share
Profile

Follow
Tropicalize

290 Posts.

62

06/09/24

11:23

Post #: 75558250
Share

Originally posted by Arh0070: ↑

If one has a big profit on a small miner where the price goes up a lot like GOR and DEG a few years ago it is wise to sell at least 50-75% so at the very least one makes a nice profit and the rest are free shares.Knowing when to sell is probably more important than when to buy.sometimes you sell out too early but better than too late .
The markets very nervous right now ,quite obvious a major recession is coming .Hopefully it wont morph into a depression.
DEG is suffering because it has no revenue ,is foolishly spending 10 million a month looking for reserves they Would appear not too need.Permitting is not approved ,even if they have ordered long lead items the plant completion is being delayed day by day ,week by week ,month by month while costs go up .
GOR has been absolutely foolish to invest in DEG now they are probably stuck .I doubt they could sell there hundreds of millions of deg shares that they own.DEG management is in cloud cuckoo land and totally oblivious to what is going on .They need to be replaced just like GOR management.
It is quite obvious with such a large and complex plant processing sulphide ore that costs are going WAY up.
Hopefully a few people listened and got out of DEG/GOR .

Expand

both companies have no debt that is their strength...deg have over 600 million cash on hand

Last edited by Tropicalize: 06/09/24

GOR Price at posting: $1.55 Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

NEU

Neuren jumps over +11% on patent win for Pitt Hopkins drug treatment

PAR

Paradigm adds new oral combo IP to osteoarthritis drug stable with $500K pick-up

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

NMT

Neometals-MinRes JV inks MOU with Rio Tinto on lithium electrolysis

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

First 448 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last $3.29		Change -0.040(1.20%)		Mkt cap ! $3.563B

Open	High	Low	Value	Volume
$3.33	$3.33	$3.27	$6.736M	2.045M

Buyers (Bids)

No.	Vol.	Price($)
58	220335	$3.28

Sellers (Offers)

Price($)	Vol.	No.
$3.29	7756	14

View Market Depth

No.	Vol.	Price($)
62	175700	3.280
13	130194	3.270
16	219534	3.260
8	139225	3.250
7	73130	3.240

Price($)	Vol.	No.
3.290	93784	71
3.300	194538	24
3.310	76308	23
3.320	161756	10
3.330	59523	7

Last trade - 12.18pm 26/06/2025 (20 minute delay)

GOR (ASX) Chart

$2 dollar club, page-448

Neuren jumps over +11% on patent win for Pitt Hopkins drug treatment

Paradigm adds new oral combo IP to osteoarthritis drug stable with $500K pick-up

Australia’s gas crisis is here – and dying coal plants aren’t helping

Neometals-MinRes JV inks MOU with Rio Tinto on lithium electrolysis

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

$2 dollar club, page-448

Top Stories

Neuren jumps over +11% on patent win for Pitt Hopkins drug treatment

Paradigm adds new oral combo IP to osteoarthritis drug stable with $500K pick-up

Australia’s gas crisis is here – and dying coal plants aren’t helping

Neometals-MinRes JV inks MOU with Rio Tinto on lithium electrolysis

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News