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DGMLF - De Grey Mining: Don't Chase The Stock Here
De Grey Mining Ltd
It's been an incredible start to the year for the junior gold sector (GDXJ) as several names have managed to put up triple-digit-returns, dwarfing the performance of the mining indexes. While some of the companies up more than 250% year-to-date are deserving of these returns with significant discoveries, others are running up on the back of promotion and unbridled enthusiasm, suggesting we're seeing a bit of froth in the sector. Fortunately, De Grey Mining (DGMLF) belongs to the former group, as the company's Mallina Gold Project [MGP] in Western Australia continues