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28.5¢ dacian gold limited

SEEMS TIME TO GIVE UP, page-227

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Johnathonc

870 Posts.

490

31/05/21

22:23

Post #: 53549192
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Originally posted by Stormboy2: ↑

I would say the same if we were currently sitting at 50c plus.
it's down now and if you think VA is on its way get out ASAP.
if you think we survive and a Bull Market beckons, I don't know how cheap you want and will get in.
Remember NTM Gold went to 19c before the merger.
I'm going to call a 25c bottom in DCN.

The question I ask, how many weak hands outside the top 20 SH in DCN will sell their shares at these levels?
NTM top 20 SH owned over 60% of their Share Base.
There is not a never ending supply of sellers.
You can't tell me the smart money at the Ex NTM Share Base are not salivating at these levels and the current DCN share base is not going to tighten if the selling continues IMO.
Ask any of the ex NTM SH if they wanted any 29c DCN Shares two months ago they probably would of snapped your arm off IMO.

I hope it dips hard and fast. The more fresh legs buying with their tech profits, the sentiment will change very quickly IMO.
If people really want safety go and buy Gold Bars.
Should the bull market kick in all bets are off IMO.

GLTAH.

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The question is how low will we go if we don’t reach the next quarterly?
Good luck to us.

DCN Price at posting: 29.5¢ Sentiment: Sell Disclosure: Not Held
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