DCN 0.00% 28.5¢ dacian gold limited

Hey mate, I have stayed away for awhile after making a good...

  1. 13,401 Posts.
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    Hey mate,

    I have stayed away for awhile after making a good amount when it last hit 0.30c and went on the huge climb before collapsing. Their balance sheet looks much better, hedging is becoming less of an issue, I bought DRM when it was on its knees and then Leigh Junk took over and did well, should have held for SLR days but that is life. LJ is a straight talker no BS guy, and is generally conservative with his forecasts, I believe he can turn this business around. I looked at this again though due to the huge increase in gold price and underperformance of the stock. It may drop to 0.25 but I think in 12 months it can double (caveat being gold stats at current level or continues its climb and no further material bad news)
 
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