If they continue to pay down notes and POG stays as is or higher DRAGON MINING will indeed become a focus. I have a feeling may also be some other potential surprise as why otherwise would the bulk of the top 20 hang on to the stock so tightly. The key is to get rid of the notes and no further debt. While all is going well, consolidate financial strength first and keep exploration and production costs as low as possible. Any move to $1500USD POG as pundits are predicting for this year and the sp will rocket. Another plus is LOCATION, without the sovereign risk that applies to gold miners in some parts of the world. Olympian, could it be possible that if all went Dragons way that your predictions could turnout to be a bit conservative.
cheers
eagle
the whole smallcap gold sector is breaking out, page-15
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$2.01 |
Change
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Mkt cap ! $111.4M | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.01 | $2.01 | $2.492K | 1.24K |
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| No. | Vol. | Price($) |
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| 1 | 9750 | $1.86 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.15 | 5000 | 2 |
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| DRA (ASX) Chart |