I noticed that you have been posting non stop for several months now (very bullish on DCN), yet the SP continues to drop. I am sure you have your own agenda and good luck with that.
Capital raise after raise, missed guidance, increased ASIC, lower guidance for 21/22, new management (don't get me started on Rohan Williams!), acquiring NTM (as our existing resource is like getting blood out of a stone!).....I can go on.
By law of averages, at some point DCN will give us a positive announcement....maybe in a few years....if it survives that long. I assume this will solely depend on where GP goes! If it continues lower, we exhaust our cash and the next capital raise is created.
Hence, investing in DCN now is speculating that GP will go north in the future. However, at current prices, we are not making money.
I am a LT investor and my view is (as is many others on this forum) that GP is going further down in the ST. And with BTC surging again, this could be a major contributor to hindering the rise of GP.
But we are in uncertain times and there are so many other variables which could aid the GP to elevate to unprecedented levels.
Question is: Who has the balls to back DCN?
I have been averaging down over the last 4 years (now at 50c) and will continue to stay long, but the point of this post is that people will say and do anything on this forum that suits their own agenda.
I have laid it out for all to read.......no agenda from me (apart from wanting to re-coup some paper losses).
GLTAH
Sincerely
DCN Price at posting:
23.5¢ Sentiment: None Disclosure: Held