DCN 0.00% 28.5¢ dacian gold limited

Also NTM was a bloody good company with brilliant tenements....

  1. 879 Posts.
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    Also NTM was a bloody good company with brilliant tenements. They had been achieving exceptional results with a slow and steady approach.

    Once the merger was done you would have expected the SP to rise exponentially, instead it dropped...

    Why?

    DCN has been a train wreck and has unable to meet projected production outcomes and has had plenty of shareholder dilution etc etc... Luckily it is still in production!

    The new team appear to be awesome with a pretty amazing track record HOWEVER they do have a MASSIVE job to do to improve grades and tonnage etc.

    IMHO The tenements of NTM will have the goods and grades that everyone is hoping to find which will in turn be a MAJOR company maker, especially now if exploration is ramped right up and expanded three fold+


    However right now DCN need to ensure that they are making as much cash as possible to help fund future exploration and development,

    So in my book if anyone here on HC has any information that can possibly help DCN become very successful just like we all know it can then PLEASE feel free to write on these threads especially if perhaps it seems that voices are being lost in translation!


    GLTAH+DYOR

    Last edited by Chamfo: 20/04/21
 
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Currently unlisted public company.

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