DEG 1.24% $1.22 de grey mining limited

Novo ore sorting @egina results, page-60

  1. 1,579 Posts.
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    Not entirely sure about accumulation. Volume is very low. $770k in value in the last Month.

    Definitely some selling pressure still though. I think strong selling will continue between .13c-.16c. I suspect a few will take advantage of positive gold sentiment to sell around this mark. Especially those who exercised options and see it as an opportunity to flip for some quick profit. Wouldn't surprise if this inches up in price at small volume to entice buyers into their sell zone.

    Interesting times. We need to prove up that resource and decide on how best to advance the projects. Whether that's a JV with a major or whether that's pushing ahead on our own. We will need a larger resource and obviously a raise if we want to push ahead on our own. Acquisition possibly off the table at the moment with this gold price. From what i read, the juniors are asking for too much of a premium. No -one wants to sell cheap and no-one wants to pay overs.

    I'm sitting tight to see how it plays out.
 
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Last
$1.22
Change
0.015(1.24%)
Mkt cap ! $2.923B
Open High Low Value Volume
$1.21 $1.22 $1.19 $4.131M 3.413M

Buyers (Bids)

No. Vol. Price($)
3 68632 $1.22
 

Sellers (Offers)

Price($) Vol. No.
$1.22 164146 15
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Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
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