DEG 4.59% $1.14 de grey mining limited

Morning all.Well it has been some time since I visited here.Gold...

  1. 4,207 Posts.
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    Morning all.
    Well it has been some time since I visited here.
    Gold price is moving nicely and very supportive of the robust economics with this stock.
    I know I have banged on in the past about some old historical info that some here may not have seen.
    It has been more than 5 years since the discovery and hard to keep track of the many changes taking place.
    You now have some fire power to progress into a producer along with a growing resource that is still being multiplied at ridiculously low cost per oz.

    Here is an old pic with original AC holes that were known at the time of the Hemi discovery.
    When I posed the question to a board member about when they were going to drill this, the answer was,
    "It is a distraction to main event".
    Couldn't argue with that when looking at how it has progressed since.



    https://hotcopper.com.au/data/attachments/6205/6205865-be263f8195448b14d981b2117c1109d5.jpg

    What I am interested in however is just how this will grow heading West.
    I may correct that and say North, South, East and West given more info below.


    These next pics are historical from Wingina Well.
    Now they are very good and follow up is still pending.

    https://hotcopper.com.au/data/attachments/6205/6205895-2fe88a77c35b71ecebb0e888557e967b.jpg

    https://hotcopper.com.au/data/attachments/6205/6205897-5a58bc4c93c4011408b7f4fe08f8d20d.jpg

    A distraction to the main game?
    For most other explorers, they would be dribbling at these.
    This pic below is the commentary and shows the age of these intersections.

    https://hotcopper.com.au/data/attachments/6205/6205903-ee9058a14aeea47fc63199e4c7000956.jpg




    You also have the area to the South, which was Van Maris and Blue Moon.
    Eventually they will follow these up and what do expect to find?
    Ask the prospectors that were on this land previously and they will tell you.




    https://hotcopper.com.au/data/attachments/6205/6205921-f2dbc54c06c1c41e1229676cd6be4619.jpg

    I find it a little sad that there is some on HC that talk negative without reason.
    That may be about a project or even directors.
    What ever you hear about them, make sure you do your research to see what you think.
    I just want to say that I have always been extremely grateful to both Andy and Simon.
    They were always available and put themselves out to return calls.
    They may be a bit busy these days but I wouldn't hold that against them.
    I once received a return call from both of them for one message that I left and Simon was at the airport between flights.
    I finally had a chance to catch up with Simon of late and voiced some very delayed gratitude to him.
    Thanked him for the communications but also for the life changing events he was at the helm of, and I was the receiver.
    I might also add that I really enjoyed a few hours with him recently.
    Pleas don't ask me about any content of conversation, I just wanted all to know how much I appreciate the actions of this BOD.

    I am very happy for all of you holders and know that the prize is getting closer as you progress to producer.
    Also wanted to make known to the relatively newcomers, some info they may not have seen.

    Kind regards, Wack

 
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