Denial is a very powerful human emotion.Interesting that Deg is contemplating 10 more years of drilling .
Company I own, which is Canadian exploring in the golden triangle of BC reported a drill hole with 45 meters at 4.5 grams per ton .Already has 1 million ounces .Current market value 10 million Canadian .That’s about 10 dollars an ounce in the ground .There are loads of companies out there like that if you look .That is where the big money will be made .Just like Deg when it drilled its first discovery holes.
Peer Valuation, page-13
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