Gold is up strongly today ,this is due to a lower monthly rate of inflation in the Us than expected .
Interest rates in the Us are falling causing the dollar to weaken .The Aussie dollar has strengthened somewhat over the last few weeks.
Goldifelds ceo has resigned due to botched takeover of Yamana (Agnico took the prize).
There will be a prolonged period of uncertainty at Goldfield's and thus a ZERO chance it will take over DEG,notwithstanding what gb girl has said repeatedly.
Right now its the royalty stocks and big producers where the action is .
To be followed later by the mid/smaller producers.
Explorers like DEG will likely not benefit much as they are years away from production and currently their gold is just stuck in the ground and will remain so for years .
a song for the weekend, page-175
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Last
$1.16 |
Change
0.020(1.75%) |
Mkt cap ! $2.780B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.16 | $1.14 | $5.357M | 4.654M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12372 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 168060 | 12 |
View Market Depth
| Last trade - 16.10pm 12/08/2024 (20 minute delay) ? |
| DEG (ASX) Chart |