DEG 4.76% $1.21 de grey mining limited

Ann: Further High Grade & Expanded Footprint at Hemi, page-443

  1. 1,270 Posts.
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    Re Historical highs,
    Yes sorry Engelf, you are totally correct, the consolidation has been built into the charting. So I guess that means we are now at the all time high over the history of DEG, re Rvanji, the 2004 high was when they discovered Wingina well and Mt Berghaus, strong high grade intercepts, and as a quite small company at the time, the SP went very well. But then that ground was found to be very highly faulted, so chasing good grades was difficult as all the deposits were older than the faulting so it was really hard to chase where the good grades dissappeared to at each fault. Up 50m, down 50, or 200 m sideways!
    Last edited by Fish3: 01/07/20
 
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