market cap of $160m, producing average of 115k/oz per year for 3 years, which discounts any M&A or exploration or underground re-start, AISC around $1,500 so reasonable profits. It looks cheap with the current gold price, but then again, other factors are also in play. I'd expect a market cap of around $250 to be reached sometime in the next year if the gold price holds up, and that should be quite easy, except for a dip if a COVID19 vaccine is discovered. So I purchased a couple more at this price.
Gw
DCN Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held