Enoch, old friend. I think DGO shares fluctuate strongly because of limited shares availalble to trade on market. Add to that their 16 percent holding in DEG which has moved strongly from low 80's to circa $1.10 over last week or so, responding to a higher gold price.
Also DEG have now a 6 percent holding in Dacian which is underpriced IMO.
I like DGO very much but don't feel their recent share holding has anything to do with Pernatty. The time it takes to get laboratories to complete analysis of drill cores would mean that I don't expect Pernatty results until may. Hope I am wrong, way off.
If results from Argos and Helens are poor (when will we ever get them?) I would consider moving some from IVR over to DGO.
Hope all is well with you.
Cheers
Hag
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