DEG 2.06% $1.19 de grey mining limited

You are forgetting a couple of points.Goldfields and GOR own...

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    You are forgetting a couple of points.Goldfields and GOR own 50%each of that mine.The borrowed finance is to build our plant not go after another company.The best thing we have at the moment is GOR holding 17% as it makes it difficult for a takeover as well as our 875 mill in the bank.The big money is in building the mine and owning it after a couple of years production.Personally i would want $2.50 minimum as we are only half drilled and explored at present.Stuff the bigboys as they will want it for next to nothing.Even the insto's would fight a takeover i feel but who knows as it is all wild speculation.If goldfields take GOR then maybe they would look at DEG.Just speculation on my on part.Interesting that BGL having a credit raising and they are in early production and you would think would be sitting pretty but still consolidating their financial position. Regards.
 
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