DEG 1.70% $1.20 de grey mining limited

Interesting photo. No wonder it remained hidden under cover.deg...

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    Interesting photo. No wonder it remained hidden under cover.

    deg has two dimensions to its future value. The first is the resource growth of course at current gold prices. But in the background there are the stars aligning for a major surge in the gold price. If that happens, old rule of thumb valuation metrics for in ground gold value can move up by multiples. Tech stocks and crypto can reach billions on a concept or white paper in the right climate showing what can happen

    The value ceiling for deg is one thing now but could be way over that in 2021 when the trlllions in stimulus move out of the banking system and other economic pipes into the markets.
    Last edited by hot frogletto: 10/06/20
 
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