DEG 4.59% $1.14 de grey mining limited

I think too many assume any future, new players to the play are...

  1. 209 Posts.
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    I think too many assume any future, new players to the play are all going to sit around waiting for Novo to prove something absolute and reaffirming. That's not going to happen anytime soon. Why wouldn't a potential new enterant want a sizable starting conglomerate footprint with conventional gold nearing feasibility? What was Trumps book called "The Art of the Deal". All about the deal, the price. I'm not against a deal that would expedite a first pour date and limit dilution to do it. First mover advantage can't be under estimated. Lucky for us, Novo is lost in the weeds, ARV is run by someone with ADD and DEG has the best decision makers thus far. We may be able to stay independent with a big company shielding us from vultures with a correctly worded JV deal.

    For the record I know squat and am only speculating. I just think the Corporate strategy is so much more interesting than studying rocks. The rocks have told me all I need to know.

    Time will tell.
 
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