There holding in DEG is very nice. I think DEG has $100m plus and they are continuing to drill. I suspect they still will add millions more ounces and they have not drilled deep either. So I think as this is likely to be a series of open pits once they get down deeper they will drill again and add more to the reserves just like GOR did. This to me is the main prize from the takeover of DGO. A shot in the dark at Stuart Self, well , a well researched shot in the dark. High risk but big reward. Sell any Cu deposit we find off to Oz Minerals who are big in Cu in S.A., then takeover DEG and fund DEG's Au Pilbara mine ourselves. There all done, so why do we need any management?
GOR Price at posting:
$1.38 Sentiment: Buy Disclosure: Held
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