Looks a good time to join the bots and start accumulating.
After reading the quarterly,
* Trouble getting the high-grade ore is now behind them * July production of 9koz & next 6 months of 50k+oz * Good start to the year keeping costs down $545 per oz
Perhaps the downgrade of the M1 reserves due out end August is worse than expected and has a few buyers sitting on the sidelines.
Might be wise to wait and see this reserves announcement play out at the end of the month but i'm happy to start buying around the $2 levels.
Cash in the bank and a 5.5% div trading in its lowest price range for nearly 3 years. Tightly held with long-term holders and minimal downside risk. Short-Medium term BUY for me.
DOM Price at posting:
$2.13 Sentiment: Buy Disclosure: Held
