DEG 1.41% $1.08 de grey mining limited

I'm just would like to share letter i receive from the David...

  1. 634 Posts.
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    I'm just would like to share letter i receive from the David Forest /Doug Casey mail box,he is talking about how he got into contact with No1 today geologist which built the Ai Exploration team and now working with most World exploration companies building date base and solution for artificial fund rise without diluting shareholders value,while they geologist was specialist in copper,i do copied letter for audience here:
    How My Friend Linked Mining and Tech Together

    My friend has always been an outside-the-box thinker. And this time, he told me something new.The mining world and the tech world are crashing into each other.He said he’d made a critical decision a few years earlier. One that triggered a whole chain of events bringing mining and tech together.He felt that the funding model for junior mining is wrong. Companies struggle to raise small amounts of equity.That allows them to do small exploration programs. But it’s almost always hand-to-mouth. Invariably, exploration companies are forced to go back to the markets for more cash.It’s distracting and inefficient. In fact, my friend felt it’s one of the biggest problems facing the minerals industry.He came up with a novel solution: link mining and tech together.The idea was to allow mining companies access to the big funding that’s available in the tech world. Instead of raising millions of dollars for exploration, raise hundreds of millions.To do this, he paired mining with some of the top new technology. Things like big data and artificial intelligence.Both of these tech arenas can help mineral exploration. Looking for new deposits of nickel, copper, or gold often means crunching a lot of data. There’s geology, geochemistry, and geophysical information.Applying cutting-edge tech helps. With new techniques, we can parse through huge geologic datasets and pinpoint key targets. The kind the human eye might miss.My friend put this into action. He got together with a team of tech entrepreneurs. They recruited a top group of geo-scientists.Suddenly, they had a combined tech-mining company. It was a breakthrough.
    Mining Investors Should Watch Out for This DevelopmentThis company was so revolutionary, it attracted funding from some of the biggest names in the tech world. VC funder Breakthrough Ventures was an early investor. That’s a firm backed by the likes of Bill Gates, Jeff Bezos, and Jack Ma.Recently, my friend’s firm completed another huge financing. All told, they brought in nearly $200 million in financing.That’s huge for an exploration company. With that money in hand, they’re now exploring around the world from Northern Canada to Africa.This is a huge development for mining investors to watch. Attracting tech funding might make this new generation of exploration companies some of the biggest on the planet.For now, my friend’s firm is private. But there may come ways to invest in such companies – pre- or post-IPO.I’ll be looking closely into this. I think it’s one of the most exciting recent developments we’ve seen in the mining space.I’m back to my desk the next few days. Stay tuned for more on this breaking trend.Keep walking the path,
    David ForestEditor, Casey Daily Dispatch

    Here is some extract from this article leading us to think about how last huge investment rise of capital by company is used and what fruits it delivered by now to shareholders sitting on boiled eggs which may...or not to hatch out:

    "All told, they brought in nearly $200 million in financing.That’s huge for an exploration company. With that money in hand, they’re now exploring around the world from Northern Canada to Africa"
    And we are exploring on just 231km2 from 2000km2 hold and can not delivery x5,10 or 20 bagger due to the management first busy with own financial future leaving us as by product in all this exploration....and that's why shares smashed down on gold price flat,things no me,no Sprott CEO remember for the last 35 years in gold industry,when the share price disconnected from gold on its way down(with all our management "brilliant job" done).The last 120mlnA$ rise is not used intelligently to deliver to us incomes,as following from the previous video the CEO said,that if he receives 60k$ per year,he expected deliver some results to company such as 300k$ income to justify his salary,this is as he said for I'm or another CEO hired.....


 
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