SEG traded same way on the announcement that it was doing the recon exploration and pegged 2 more leases in the Pilbara. Up 48% on huge volume on the announcement and down 17% the next day .... still on huge volume. Weird trading day then ....... same today ......
As long as it keeps trending north I'll take the bumps in the road ..... DEG is jumping up and down about the potential for structurally controlled high grade gold mineralisation on its near by turf ..... SEG's 4 E/L's are full of shears & faults some of which splay off the Mallina, another the same structure as Blue Moon ..... they also have their fair share of conglomerate if you are a believer in Wits (and there are more and more every day). Whether structurally hosted .... conglom hosted ...... or both ..... or God forbid .... a good old fashion greenstone belt (remember those??) ....... Gold is Gold.
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