DEG 3.52% $1.10 de grey mining limited

[ATTACH] It would have been better on the technicals if that TL...

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    It would have been better on the technicals if that TL held instead of closing below. On the day of that CR, it did and I thought it was strange but without data to support it, I can only assume a short covering where the ST momentum was already bearish pre-CR news.

    Seems like a quick day traders' quick swing-exit into that TL resistance.  The ST technicals isn't great but the financing seems to be in the bag so this one is a LT hold instead of expecting triggers to expand valuation IMO. So possibly the Lassonde curve still applies regardless of where the GP is heading unless instos come back in triggered with other fundamental changes to this company.

    I don't have much experience in holding a spec to producer status, influenced by the Lassonde curve in the past!
 
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