Entered this last week at a $1.12, my thinking being it would test $1.30 again, todays performance suggests it will and may break through your resistance line.DEG's chart looking interesting to me. Looking at a break through those red lines for an upward trajectory. Been consolidating for a long time, even with the great drilling results which will clearly extend the resource considerably. Maybe just POG uncertainty at the moment holding it back. MC at $1.6b so perhaps a lot is factored in. They should hit the 10m oz au mark with the next MRE and if you do a rough value of $150-200 an ounce on them that's $1.5-2b. So, maybe they're priced well at the moment. Maybe I'm underestimating the additional ounces potential and $$ per ounce.
Entered this last week at a $1.12, my thinking being it would test $1.30 again, todays performance suggests it will and may break through your resistance line.
Initially my thoughts were to sell at just under, now I am thinking it may well exceed that level.
As you say 10m Oz is a serious amount I think it will drive it forward.
Entered this last week at a $1.12, my thinking being it would test $1.30 again, todays performance suggests it will and may break through your resistance line.
Initially my thoughts were to sell at just under, now I am thinking it may well exceed that level.
As you say 10m Oz is a serious amount I think it will drive it forward.
Patiently waiting to hit $1.40 to $1.50.Looks like DEG may have finally started a move up again after months of sideways/downwards bias. Breaking those previous tops at $1.30 in Aug, Oct and Nov is important.
View attachment 135959
Patiently waiting to hit $1.40 to $1.50.
Good morning. Just saw it. Now my deliema question to myself, should I dare to push over my line from 1.45 to 1.50...mmmWell waited.
Breaking $1.30 was important and should be good support now, but it's racing towards ATHs. Unusual action really, someone has wanted in.
View attachment 136158
Exited this trade today at $1.43, I mentioned before that I was looking for $1.30 anything over was going to be a bonus.Good morning. Just saw it. Now my deliema question to myself, should I dare to push over my line from 1.45 to 1.50...mmm
Well..thou shalt not be too greedy...a bird on hand worth two in the Bush....
Exited this trade today at $1.43, I mentioned before that I was looking for $1.30 anything over was going to be a bonus.
Good luck with it it might still have so more energy left, everything looking good on the commodity front.
I like your bicycle. Where did you get it?$1.77 within sights all going to my plan please market - some interesting news maybe forthcoming that the privileged few may be privy too
Hop this is my pride and joy. You can buy these at a bike shop.I like your bicycle. Where did you get it?
Sending my Thanks in advance.Hop this is my pride and joy. You can buy these at a bike shop.
DEG explosion to PTSP and I can buy you one
You might have missed the low, some support found at $1.08.Sold my Holdings. Standing on the sides waiting for low.
I bought 3 parcels between $1 - $1.30 at different times months ago. Hoping for a better results. In the end I dumped the lot at $1.385 so far I think the share price hit my sold price. I am unwilling to enter at $1.20. On the side line for below $1 when loose motion hit the fan.You might have missed the low, some support found at $1.08.
I did not re enter, was not convinced the correction was over.
Now seeing an ascending channel with a $1.50ish target, will be watching.
Confidence a little higher now so I took a couple of trades elsewhere, guess I may have missed the DEG boat.
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