SEEMS TIME TO GIVE UP, page-60

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Stormboy2

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28/05/21

07:29

Post #: 53475344
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Originally posted by oldgold64: ↑

Yes NST is a market Darling, but totally overpriced if your aim is to invest in future multibaggers. While I do agree its a safe investment not because of stable share price but because of production and ounces in reserve. NST has roughly 10 times the resources DCN feasibly has and 20% more shares on issue,that's where the buck stops. DCN is a medium risk gold miner for now , but if you compare Apple's to Apple's DCN is by far the most exciting investment case.
NSTs ounces of gold produced per annum to market cap works out at roughly $11000.00AUD per ounce that's 5 X the price of DCNs ounces per annum production price and as I said most large and midcap miners are usauly over priced because non mining type investors like general investors and institutions gravitate to top ASX 200 listed miners because it's easier to invest in the big names than to do your due diligence, if your aim is to get some exposure to rising PRECIOUS METALS price.
With NST S P sitting at roughly 40 times what the S P of DCN is ATM, how many times will DCN multi bagg at G P of say $3000. AUD compared to NST, my guess 10 t0 1 if DCN irons out all the bugs in the system at the moment.
I'm not interested in safe bets to double my money in a rising PRECIOUS METALS BOOM , that's an investment strategy for flat or receding markets , it's time to take a gamble and invest in possible multibaggers such as DCN and good explorers to get exposure to the rising GP. Yes NST could hit $30 with GP price at $3000. AUD but DCN could easily rise to $4 if production hits 150k ounces at AISC below $1400 AUD imo.

GLTA &DYOR CHEERS

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DCN got a min 10 bags written all over it.
When the ex NTM went knocking with their grand plan. The down in the dumps DCN SP a Mill within 100km would of been too good to refuse. They got top dollar and the kicker a share in a company with massive upside.
All other mills in the area belong to majors.
When the pieces in the puzzle start to drop. 29c shares will be memory for most.
I say ex NTM are in full control and calling the shots AIMO

DCN Price at posting: 29.0¢ Sentiment: Buy Disclosure: Held
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SEEMS TIME TO GIVE UP, page-60

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