DEG 1.69% $1.20 de grey mining limited

I really have no idea why DEG bought into this at a time when...

  1. 1,270 Posts.
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    I really have no idea why DEG bought into this at a time when they are not exactly rolling in spare cash. Seems to me that if they are serious about the rather vast holdings they now have in Argentina they would put as much energy as possible into developing these as going concerns rather than shopping around for more real estate bargains elsewhere. As a long-term holder I'm not at all excited about the prospect of further capital raising at the current basement price to further dilute our holdings before some value is realised from Argentina or Turner River
 
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