Well a very interesting development with Lion Selection selling...

Well a very interesting development with Lion Selection selling its parcel of shares to Mineralogy. The guy who owns Mineralogy is behind Australasian Resources, a mob that may well be the new Fortescue Resources with a feasability study just released on a big new iron project in WA, and strong Chinese support to develop facilities. My guess is that they have eyeballed the iron prospects of DEG and decided they are highly prospective. On the other hand, Lion Selection have been very patiently waiting for the Gold potential of DEG to be realised and have finally given up at some significant loss. I think it might mark a major refocus of Deg activities and hopefully future prospects. Interesting days ahead!