DEG 4.59% $1.14 de grey mining limited

GM... "I'd be happy if we delayed the next Resource Update (due...

  1. 2,749 Posts.
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    GM... "I'd be happy if we delayed the next Resource Update (due mid-year) to see where this and the Aquila drilling takes us."

    This is a strategic PR move. On the one hand DEG does NOT generate any revenue; arguably its sole product is news; to stifle/delay news may correlate with down pressure on the sp. OTOH a more blockbuster resource will be quite a sp catalyst to the UPside.

    The PR gamble, then, is simple: which strategy has a superior effect on the sp. NB: Delays provide fuel for both sp collapse and a rocket to da...

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