DEG 5.23% $1.36 de grey mining limited

Thank you Locky,I'm just hate people pretending managing gold...

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  1. 634 Posts.
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    Thank you Locky,I'm just hate people pretending managing gold companies into production for 20 years without extracting single ton,they do know about gold in land,they digging it up discovering more and more,issuing more and more shares for next exploration,continue to receive year by year 1mln incomes and we never will see results,until not this management,but lucky strike in form of GP or Take over with sudden big discovery in parallel happens before they succeed to make next dilution ,its known strategy and we are in this trap!As for mentioning by previous looser writer about millions made by some investors(he mean speculators),i wish them big future since it was really few of institutional investors and insiders,mathematically chances to hit DEG lottery after over 15 private placements leading stock into crap and on last reverse split to put a bunch of funds into 13 years looser is zero,if you do not have good geological info(such investors was killed via reverse 200:1 split) or insider info-those guys prospered well and there is no guy left from old investors who survived nuclear management strike,but me....i'm just making sure people know in which trap they are expecting to make itself rich,nothing more!The management claims it want to evaluate fully whole deposit,so they will get paid while we will suffer years of flat or loosing SP,its wishful thinking to build false hopes,until if your investment is some 3-5kA$ in DEG shares and it makes no sense to worry loosing it.Wish to you extract max from DEG!
 
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Last
$1.36
Change
-0.075(5.23%)
Mkt cap ! $3.259B
Open High Low Value Volume
$1.39 $1.39 $1.35 $9.560M 7.006M

Buyers (Bids)

No. Vol. Price($)
1 10000 $1.36
 

Sellers (Offers)

Price($) Vol. No.
$1.36 262238 5
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Last trade - 16.10pm 07/11/2024 (20 minute delay) ?
DEG (ASX) Chart
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