bossdog, i agree, in part.
Obviously any speculative small cap with a MC under 10mill comes with huge risk, otherwise they wouldn't be priced at this end of the market. I'd have to say most people that choose to invest at this range more than likely know the risk. Only a small percentage of companies this size manage good returns for their investors, but when they do we're not talking 5%pa with fully franked dividends.
I disagree with your comment though that De Grey have been "promising to deliver", when compared to most of the arm waiving shareholder miners out there De Grey have barely raised a whimper. To take it one step further, IMO they have delivered, by quietly accumulating some very strategically postioned real estate, that with time will reward patient holders, emphasis on patient.
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