DEV devex resources limited

Ann: DevEx agrees to sell NSW Copper-Gold Portfolio for $7.5M, page-4

  1. 11,422 Posts.
    lightbulb Created with Sketch. 3253
    My bad. I was counting the $7.5mill two ways. Thanks.

    Here is a yarn from some years ago - the first time I invested in a TG company.
    It was Challice Gold, and was exploring for extensions of Victoria's famous gold fields under cover. I did DD, and was fascinated by the geology and learnt that the boss was a bloke called Tim Goyda, and previously he had sold a project (for from memory about $90mil) and had immediately given shareholders half as a special dividend, kept the other half in the company warchest for future exploration.
    Of course I held Challice when they went to West Australia, took profit too soon. Likewise on LTR, I really stuffed up on that one.

    So now I hold a modest number of DEV and MI6 - not taking profit any time soon here. lol.

    Take care.
 
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