XAO 0.59% 8,536.6 all ordinaries

Short Term Trading Week Starting: 19th Mar, page-148

  1. 10,843 Posts.
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    STTCOMP DEG, FA LONG

    De Grey Mining
    Gold explorer Pilbara WA

    Cap $50m
    Cash $6.1m
    SOI 325m, DEGO 53m, unlisted 66m

    JORC 1.2m oz Au

    But is the conglomerates the catch. Mondee ann confirming the same fine gold ‘halos’ around the watermelon nuggets as found 130km away at ARV / Novo is certainly worth noting. For me it is further evidence is same system and its massive.
    Also found fine / coarse gold in run off channels from the host is significant
    Pending Novo bulk sample grades and work by ARV will give an indication of what is what
    Will always have a question over it as never really seen this type of prospect before
    Silence been deafening in the Pilbara lately may be reawakening

    Imo
    Last edited by speckledjim1: 21/03/18
 
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