DEG 1.72% $1.14 de grey mining limited

Hey calmb4storm,Your comment "Spot gold only reached $2,194"...

  1. 636 Posts.
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    Hey calmb4storm,
    Your comment "Spot gold only reached $2,194" bought a smile to my face. PoG hit $A 3,303 and that's only the beginning of this bull market run. DEG has a SOI of 1.851M and an Ore Reserve (so far) of 6Moz. So how will the sp fare on Au run to US $3000 in the next 18 months? Given that the reserve will very likely significantly exceed 6Moz during that time. How significant will the effect of FOMO on the sp when the general investor wakes up to the huge ROI in the precious metals market?

    DEG is dirt cheap atm. I only regret that I'm too illiquid to add substantially to my holdings. Anyway I'm off for a deep search of the back of the sofa to find a couple of more bucks to buy more DEG.




    https://hotcopper.com.au/data/attachments/6021/6021158-3dc629caa1b9d40208402449579ad126.jpg



 
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