@Fangk DGO first diluted DEG to the ground during 2019 through CRs and pretty much took over the management of that company. Then they didn't participate muc in their last CR (Dec 2019 at about 4c ... that threw people off). Early in 2020, when all the stocks were being dumped (due to the c19) they announced the Hemi discovery that propelled DEG to about $1.6.
There has been a double dilution here. First after paying so much for the company that was recently taken over and now this CR. There have been glimpses of why they got involved in this train wreck. They could have chosen pretty much any junior but they picked this stock for a reason. That reason will be know in the next few months after they really start waving their wand
It is beyond me why DGO just sat on their hands given the appalling production practices seen lately. IMO that suited their purpose? The ride will be bumpy but Gold is moving and will keep doing so
DCN Price at posting:
30.5¢ Sentiment: Hold Disclosure: Held
