The recent presentation was suitable vague "Raised $4.7M to fund exploration and working capital" and the reason was "for renewed exploration at Yandan East and drill testing and Mt Coolon" and almost no detail or dates. If they're not really trying to expand the resource they currently have, then an acquisition or farm-in might explain the share price increase and Eshuys interest in buying more. I know Republic were looking to offload their Tregoora Gold Project further north and I'm sure there's plenty more around to choose from.
All speculation at the moment but a very good point.
DGO Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held