I am hoping oppies get into the money but the most recent announcment from the company and production guidance are making this increasingly difficult.
I can't understand how DEG was valued temporarily at 1billion + MC without any proven runs on the board. It's still hovering around $750million MC without pouring an ounce of gold??? Please give us some of those type of Share Holders on our register. Instead we have ex holders like GravityWaves who not only have sold out but are determined to rub any progress made into the dirt!!!
Having said all that recent push down on SP has been walked down on very little volume, so I beg to ask is one of our larger holders playing with the stock??? No change in substantial holding notices so it's not like anyone has ran to the exit doors despite the most recent announcements.
i would have thought that its in the interests of our top SH to allow this stock to run into the money and raise a further 20million at roughly a 6% dilution from retail paying three times what the smart money have paid to give the project some legs.
WMX Price at posting:
$1.30 Sentiment: Hold Disclosure: Held
