DEG 1.41% $1.08 de grey mining limited

Ann: Ceasing to be a Substantial Holding - Northwest Nonferreous, page-12

  1. LPN
    142 Posts.
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    I'm waiting for the 52c gap fill GP - which just so happens to be an exact 50% retrace. Too much co-incidence to not be a floor. Unless of course someone is silly enough to put out an announcement before then. I'll be careful though - falling knives and all that. Oops, maybe I just gave the game away. Maybe I'm actually waiting for 53c, or 54c. Or 49c. Maybe I'm a bot.

    Dunno about Simon, I dont have any history with him myself. Probably a decent fella. I doubt he has much say in what goes on these days though. Wolves in sheep's clothing and puppet masters. Preventers of a TO..., ha! They are the TO. Or would like to be. Maybe.

    Mind you - their website is unashamedly clear that they are investors, not miners, which is refreshingly honest of them. There's a great book written in the 70's by Trevor Sykes about that. Everyone should read it, then read it again every 6 months. Nothing changes, it's where they cut their little wolfy teeth.

    And of course it is completely against their interest, and declared corporate strategy, to allow retail to participate, so why should they.
 
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