some good news , page-4

Strange happenings. Folowing the announcement re EMG buying out all DEGs iron interests in cash, a 33% gap opened up between the buy and sell positions with very few trades. That is an incredible sized gap! I've been wondering why it could possibly happen. It looks like folks are very wary of buying into DEG despite it being valued at far less than its cash holdings, (not even factoring in any worth of tennents and acumulated value of the explored areas and future tax write-offs against profits). Now we have a completely left-field announcement about exploring in Argentina. That was after the left-field exploration program in Qld, or the proposed Fortescue Island sub-sea iron exploration. I'm not suprised folks are wary.....a past history of no commercial success followed by a mad womans breakfast of exploration interests without any clear theme underlying them, or clearly explained course as to how this diverse array of interests might effectively be explored without further diluting shareholder value through more placements etc....Interesting days! But I guess exciting too if they can keep up some exploration programs and some success along the way.