You could very well be right about a Independent Pilbara super major. At this point, one thing I find totally confounding is the Aussie majors not taking up a small stake in some juniors (currently cheap) as a strategic position - a foot in the door
so to speak. A way to keep tabs on development, anti dilution rights, voting rights, etc. Is Kirkland going to lose money by investing 11.6 Mil for 20% of DEG Grey? Answer is no. Kinda of ridiculous but you can't blame Canadian/US Majors, Private equity, or the Chinese for taking your spot if you refuse to get in the game.
Us retails have to look out for each other because we are the nobodies in all this. Make them pay dearly, to be rid of us! No matter who they are.
DEG Price at posting:
27.5¢ Sentiment: Hold Disclosure: Held
(20min delay)