Having been a MOY investor, I would say it is not as bad as MOY. DCN is raising a solid amount of capital which should keep them solvent for a while at least, it now has a better CEO and the mining plan sounds more reasonable. Having said that, it's still not a good position for investors. Many can say we should have seen it coming in hindsight. But really this information about the original mine plans being crap just wasn't available to the public before the trading halt.
DCN Price at posting:
$1.40 Sentiment: Hold Disclosure: Held