Seems our intrepid largest SH has just bought a 10% stake in De...

Seems our intrepid largest SH has just bought a 10% stake in De Grey Mining. (symbol DEG) this week.

Looking at DeGrey, they are vying for the tenement rights for offshore iron ore deposits off Cape Preston....Interesting eh?
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Mineralogy buys 10m De Grey Mining shares

Source: News Bites

Mineralogy bought 10,000,000 De Grey Mining shares worth $727,749 between June 30 and August 27, becoming a substantial shareholder with 22,799,908 shares (10.2%).

STOCK DASHBOARD: September 03, 2008

De Grey Mining Ltd

Closing Price September 02, 2008: 6.80c

Price change from previous trading day: 4.6%

Relative Strength (6 months percentile rank): 41.4

Market capitalisation: $15 million

Turnover volume: 69,640.0

Volume Index (1 is average): 0.1

Turnover value: $4,736

Turnover period: 1 year 7 months

Value of $1,000 invested 1 year ago: $764