Share
406 Posts.
lightbulb Created with Sketch. 247
clock Created with Sketch.
03/09/20
06:41
Share
Originally posted by speculator101:
↑
Hey Squashy, I have to agree. Took a small position today. I like that it also has the base metals project (for when the next commodities boom kicks in). Plus all the silver (not neccessarily economic, but... with that much silver, at certain silver prices, the market probably won't care. The NSW gold project is an interesting option on higher gold prices (I say that, because at this point, I don't seem to get the feeling the company actually wants to develop it...?) Though of course, if it was developed, I do feel it would be very profitable... I like that he E/V is barely over $30m AUD. As others have mentioned, downside is minimal, upside... well.. only 1 of the upcoming Alaskan drill holes has to hit something substantial, and then the market will quickly take note.
Expand
I wonder when @Wack will come out of the shadows on this one I have taking a sizeable position too. But not by selling one DEG share to do it............