DEG 1.46% $1.39 de grey mining limited

Ann: Trading Halt, page-59

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  1. 406 Posts.
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    This is from my Broker(7th Feb) and presents as a possible risk. Would love everyone's thoughts.......

    It was pointed out to me yesterday by a geo client of mine that in the announcement in the QA/QC section there is mention of wet holes and possible sample contamination in some of the holes, this needs to be borne in mind as contaminated samples can give erroneous results, eg the A/C holes are subs twinned by RC and or Diamond and the results can much lower particularly with respect to the widths of the intersection.
    Not saying this is the case here but it is possible and just making you aware it is a possibility.

    This is the statement from the 6th Feb "Major Hemi discovery announcement....
    "Samples are considered representative with generally good recovery.
    Deeper holes encountered water in some cases, with some intervals
    having less than optimal recovery and possible contamination.
    Follow up RC drilling is planned for resource estimation definition."

    Was probably trying to shake some shares out of me.....It did not work


 
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