DEG 0.63% $1.18 de grey mining limited

and every one here,fix it,the downside for Gold open with FED...

  1. 634 Posts.
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    and every one here,fix it,the downside for Gold open with FED rate hikes in and upside for Gold price limited with FED rate hikes in,the management task for to care best about shareholders value,so we are just 200$ down in gold price or just 10% and we are down 60% which translates in 6% in DEG decline for each Gold 1% decline-lower that average junior 4% rate per 1% gold decline,now if some one believe the DEG able to get up for Gold up,we need to get 65% up per gold 10 up and its hard to believe possible,taking into account last gold recovery to 1940$ and silly 1.21A$ DEG price.....may be some 5mln additional ounces may let DEG share up 10% up?What is the thoughts in the uncrowded DEG pub?
 
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Last
$1.18
Change
-0.008(0.63%)
Mkt cap ! $2.846B
Open High Low Value Volume
$1.20 $1.20 $1.18 $1.783M 1.500M

Buyers (Bids)

No. Vol. Price($)
27 109603 $1.18
 

Sellers (Offers)

Price($) Vol. No.
$1.19 119924 30
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Last trade - 11.06am 26/07/2024 (20 minute delay) ?
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