DEG 7.42% $1.23 de grey mining limited

I disagree, it appears to be a more advanced exploration play...

  1. 140 Posts.
    lightbulb Created with Sketch. 6
    I disagree, it appears to be a more advanced exploration play than anything they have in Argentina, plus the country risk is a hell of a lot less than Argentina. Look what Goldcorp have suffered at Cerro Negro, operating in Argentina is by no means easy or transparent, wheras NZ has a better country risk rating than most other countries.

    I think any company, no matter what size needs to be on the lookout for anything that either fits or improves thier portfolio of projects, its about reducing the reliance on a single project. Lets face it, most exploration plays never pan out, so the more shots you have at it, the more likely you are to succeed.
 
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