DEG 1.91% $1.07 de grey mining limited

Ann: Early Phase Drilling Confirms Epithermal Sys, page-3

  1. 2,798 Posts.
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    re: Ann: Early Phase Drilling Confirms Epithe... Hmmmm,

    interesting results, but too much perceived overhang from the placements for it to move much. Retail investors are no longer suckers in this market.
    If the SIs/brokers think they will be getting a quick 20% on these results think again. Stuck here with the rest of us now :-)

    Also has the geological target changed for this drilling? No longer seeing much mention of low-sulfidation and they seem to have stopped reporting Hg assays.

    And if I am interpreting it correctly it looks like no more drilling until after winter.
    Wonder if we will start seeing rampers appearing out of nowhere to talk the SP up, otherwise the investors in the last placement could be waiting a looooong time to get out with profit.
    Although a couple of Andean style intersections would change all that pretty quickly.
 
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