Ann: March Quarter Operating Update, page-8

Definitely price of gold can make a big difference to where DCN share price can move (either way though). In fact if POG is to move a lot higher then DCN share price will move a lot more with respect to other goldies. Rationale is that DCN is an "undervalued" and riskier company and therefore the a rise in price of gold will shift the risk profile to make it a lot safer company to invest in and the share price will shift a lot more to the upside as compared to the others.

I am still holding on but I am no longer holding my breath to hear positive news from DCN!

My take on gold price is that it will move a lot higher:
1) sanctions against Russia and the freezing of Russian central bank asset has clearly shown that US can and will do just to other countries. Countries that are not closely aligned with US may start to reduce their exposure to USD and perhaps into more tangible asset like gold. USD will flow back to US => inflation. There are $37T of USD or US bonds floating around outside of US!!
2) Russia, China, Middle Eastern countries and the BRICS (exclude India) are likely to form a bloc that trades without the use of USD i.e. perhaps coming up with a currency or system with gold (highly likely to be part of this system) or commodity backing or a direct currency swap.
3) Inflation in US will continue to maintain at a percentage well above 2-3% (many many factors) and therefore either US FED continues to raise interest rate until the economy goes into recession or inflation stays high. If inflation stays high, then USD value will drop as foreign investors may start pulling out of USD. Devalued USD will imply gold (wouldn't debate on cryptos!) becoming a more attractive safe haven asset of choice. If US goes into recession then printing of USD may re-start. Perhaps US FED may decide against USD printing then the economy may spiral into severe recession or depression. In short, I think USD is likely to devalue. However DXY or USD is at a high at the moment but it is likely to come down over the coming months inflation persists. DXY is high a the moment because it is anticipated that next month inflation figure is going to be lower than 8.5% of Mar 2022 (i.e. peak inflation has been reached) due to the fact that April 2021 was at 4.2% and therefore mathematically April 2022 is expected to be less than Mar 2022 (i.e. from a higher base).
4)......

Anyway above are just my views on gold price heading higher and I could be totally wrong and gold price may heads lower and investors of gold and gold producers (like myself) are going to be screwed!