Ann: Great Northern Gold Project returned to De Grey, page-7

I bought my first ones at 30c, then averaged down along the way when things were looking good for gold and VMS at Turner River. So I'm in that 300x category. The current price very much under values the assets but isn't surprising given that they have no real capacity to raise enough funds to explore further in the current market. Soon they will do a 100 for one consolidation to bring it to 10c then dilute back to 1c following more placements, and the cycle goes on....but will be fascinating now the stockbrokers have had their fingers burnt and will be trying to extract value from their accidental ownership of a big chunk of DEG. Now Rugby have handed back the gold they will certainly be looking at how to maximise the value of that through development. Fingers crossed that they go further than just looking at possibilities.