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28.5¢ dacian gold limited

Ann: Mt Morgans Operation & Corporate Update, page-957

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mainholm

2,815 Posts.

620

03/07/19

08:33

Post #: 39345499
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Originally posted by sydneyguy: ↑

lots of turmoil on this one but insider stumping up solid figures

profit taking surged imo as invited by a huge rise in short positions since hitting 64 cents and going straight down in a week as gold seemingly failed 1400

Gold AUD , gold everything basically has been tested hard and cranked back.

Interesting risk reward, low interest rates, low cost of capital, someone with better ideas of management may come along in this environment.

Potential short squeeze here with radical increase in shorts over last 12 cents.

Hunt for resource/ reserve is on at present, looking for bid to build for solid squeeze.

See how it goes ayy, big return short from 64 to 53 in a week see how much they want to lock, but plenty of potential fuel in the tank today

Expand

Yep, very interesting risk reward play here.

If the issue is geological then good night Dick.
If the issue is operational then plenty of money to be made.

Oh to be an insider................. doh!

Cheers

DCN Price at posting: 53.0¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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