Looks like a Novo choir girl is now posting here, a newby by all accounts. Suggest you take the time to read over what has happened over the last year or so, as its obvious you have some catching up to do.
One of the first things you will find is that while some may hold Quinton in the "highest esteem" and believe him to be a jolly good fellow, his conglomerate exploration program has not been conducted in a competent manner. A long series of mistakes, holdups and failures- many of them forseeable. It is obvious he struggles with practical aspects of exploration, he has not demonstrated he has the "nous" for this kind of work at all. The "Toronto Mafia" is not happy, and according to his friend "Ramper Bob" Moriaty there has been general discontent amongst shareholders and calls for his removal. And his formula of using party tricks to bolster Novos share price is less effective than it once was.
You will also find that no work has been done at Purdys/ Comet Well for many months as the company pins its hopes on Beatons Creek and Egina. There has been no rush to complete the necessary work for trial mining of conglomerate...permitting etc.
You might then read about DEGS exploration program at Loudens where the conglomerate layers are gold bearing and up to 2m thick. They do intend to have a look at the thicker sequences at Steel Well etc where only a few nuggets have been found shedding from the conglomerate, but whether its worth further work will depend on what they find. Not all conglomerate in the right strata has been found to be worth pursuing.
As several posters have pointed out, structural gold is the main game for DEG, and and conglomerate gold might be icing on the cake.
It will be interesting to see if you actually do the necessary catch up reading to be able to make a useful contribution here. Most Novo Choir Girls seem content to keep there heads in the sand, and it aint golden eggs they are laying!
- Forums
- ASX - By Stock
- DEG
- Possible Breakout Alert
Possible Breakout Alert, page-160
-
- There are more pages in this discussion • 68 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DEG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.15 |
Change
-0.005(0.43%) |
Mkt cap ! $2.744B |
Open | High | Low | Value | Volume |
$1.15 | $1.17 | $1.14 | $5.385M | 4.687M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 97127 | $1.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.15 | 10709 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 97127 | 1.140 |
6 | 139576 | 1.135 |
3 | 93717 | 1.130 |
3 | 31593 | 1.125 |
3 | 18917 | 1.120 |
Price($) | Vol. | No. |
---|---|---|
1.150 | 10709 | 1 |
1.155 | 49717 | 2 |
1.160 | 96717 | 4 |
1.165 | 99717 | 5 |
1.170 | 74145 | 3 |
Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
Featured News
DEG (ASX) Chart |