Yes it seems the paid for hire liars in the MSM also extend into the fringe financial media, what a total load doggydo. DCN quarterly out today, NO DEBT, 44MILLION IN THE BANK, 20000 OUNCES GOLD IN HAND & ORE STOCKPILE TO BE PROCESSED. The picture emerging here, is that there has been reckless DISTRUCTION of retail shareholder value by most of the participants in these merger discussions, illtimed bad news releases,heavily discounted shares for the purpose of capital raising dragging the share price down to issue price. Many retail investors have shit themselves and sold out ,leaving multiples of GEMS for the VULTURES to scoop up. What incredible timing ,EOFY, INTEREST RATE HIKES, STORMY FINANCIAL OUTLOOK & out of nowhere incredibly bad quarterly reports for DCN, SBM and RED5, incredibly the only SHINNING LIGHT is GENESIS the company with the worst mineral resource, no mining infrastructure and grossly overvalued MC on the back of the name of one of the greatest shearers in the land ,talk about fleecing the lambs. BY THE WAY ,ACCORDING TO A NORTHERNSTAR MINING EXECUTIVE ,FINANCERS & BULLION COMPANIES ARE SEEKING HEDGING CONTRACTS AT $3000 USD PER OUNCE, can we all see what has been going on, the sharks are positioning for the feast. GLTA that had the common sense not to sell, I have invested heavily through out the year, although I wish I had waited till EOFY as alot of my investments were in the 1st quarter, but I did manage to snag quite a few in the EOFY FIRE SALE.
SBM Price at posting:
77.0¢ Sentiment: Buy Disclosure: Held
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