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28.5¢ dacian gold limited

Ann: Mt Morgans July Operational Update, page-14

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chris1983

13,667 Posts.

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12/08/19

13:24

Post #: 39963248
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Originally posted by AimForSimon: ↑

we only need to get close to 200k and market will likely get very excited

You have to remember most of the other gold names are already reflecting production and higher gold prices.

DCN offers huge leverage from its bombed out position. Yet another miner moving into producer volatility play. They are always the highest risk return companies and DCN looks like it may hit pay dirt.

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1 months production not enough to turn it around. Underground stope mining always has its risk. In saying that I think there is a lot more upside in the share price rather than downside. I’m in.

DCN Price at posting: $1.29 Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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