DCN 0.00% 28.5¢ dacian gold limited

Ann: Investor Presentation - October 2019, page-20

  1. 8,033 Posts.
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    It is all uninformed speculation.
    Some like Barry Patterson probably are a bit more informed than us fools
    When Barry bought 2 million at 49 cents I took notice.
    Before then things looked bad...gold price was low and looking to go lower
    mining was falling apart with contractors leaving
    Debt was higher and looked like a CR was inevitable.

    Most buyers were buying in hope.
    I bought only on the belief that it was worth
    more than the market cap to other gold miners.
    my thinking was worst case a take over that I could profit on.

    No expert but been around long enough to sniff out a profit.

    I think $2 will come if gold holds at current levels.


    Cheers
 
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