DEG 3.36% $1.39 de grey mining limited

$10 TARGET !!!, page-14

  1. 2,380 Posts.
    lightbulb Created with Sketch. 407
    More wisdom from our resident contrarian who tried to convince us that gold was in a downtrend.

    Its pretty rare for a project to project payback of capital costs in a mere 1 1/2 years at a much lower gold price base than we are seeing and and yet someone proposes to throw out all the economies of scale that are rarely an option in a mining project, and instead to start small and gradually scale up at what would be HUGE expense and opportunity loss.

    Im not seeing any other poster here with so little understanding of what DEG is doing and what it proposes, its actually pretty straight forward and incorporates a lot of simple common sense!







 
watchlist Created with Sketch. Add DEG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.