Back to $15.80 (highest ever price (post-consolidation)) would...

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englfc

3,831 Posts.

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03/09/18

18:25

Post #: 35383979
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Originally posted by Fish3 ↑

Hey Wack,
Re your comments "So those nice grades in the middle of that pic were done by the previous owners and were never followed up? Poor buggers. 8.5klm with those hits along it and nothing done till now?"
Funnily enough DEG were/are the "Poor Buggers"! Those areas were drilled by DEG years ago as part of exploration along the shear zone. They had great fun drilling for gold and found a VMS prospect instead. Then drilled for VMS and found gold. Unfortunately they don't keep the old announcements from before 2014 on the DEG website so its hard for new holders to follow the history. DEG has been around for awhile and had a huge share price at one stage before it fell from grace and there was a major share consolidation. Has made some very silly decisions in the past (like blow millions on red herrings in South America and South Africa) but now its back to its roots in the Turner River area and with a much more focused team. Hopefully we will see some great hits over the next year as they step out the drilling around high grade like Egina , and one day the share price will even make it back to the heights of the glory days . Ha, and then I might get some money back!

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Back to $15.80 (highest ever price (post-consolidation)) would be nice! Hard to believe it's not even 15.80 cents presently.

Last edited by englfc: 03/09/18

DEG Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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