DEG 0.42% $1.19 de grey mining limited

accolades, page-9

  1. 1,271 Posts.
    lightbulb Created with Sketch. 979
    While this is certainly not my only dog..try HCY!..DEG does seem to have some long-term potential. The last ANN had quite significant gold depth by grade results (although totally ignored by the market), and if the ore is easily processed with good recovery, proper infill drilling could define quite a good resource. The biggest problem with DEG is the lack of info on what they are actually drilling, planning to drill, + when.
    They have heaps of cash so I would have thought they would be drilling constantly through the dry season and as long as the weather was suitable. They certainly have enough ground to keep a crew busy yet drilling seems sporadic and there is no discussion of actually proving up a quantifiable resource other than the initial couple of hundered ounces announced more than a year ago now. They certainly need to release more information about they are up to to convince holders and potential holders that they are doing more than mucking around in the region.
 
watchlist Created with Sketch. Add DEG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.