Australian (ASX) Stock Market Forum

DEG - De Grey Mining

20 July 2021
Just a note that 'Between the Lines Finance' on Patreon has suggested a cautious attitude for DEG holders in anticipation of an impending feasibilty study. While DEG is beyond the prefeasibility stage of Chalice and a lot more is known about the project it's still at a risky juncture and the capital investment required might be unpleasant. He views it as market cap over-priced for this stage, even "ridiculous", and like Chalice has forced participation from etfs and inst index followers causing froth - also trend followers. Just my loose paraphrasing.

Not Held
not held either , but do hold GOR

interesting board of directors , maybe i should put it on my watch-list , although i strongly prefer gold producers so i can guesstimate their ability to contain costs