So DCN has a little debt, and a hundred million is little these days. I hold other Gold produces, one being GOR. (This is not a recommendation). Gor is hovering around $1.40 at the moment, after an incredible rise. Gor is going to produce (in time) 300,000 ozs a year, but half goes to Gold Field, who put in for the production plant. This means GOR produces 150,000 ozs a year for it's shareholders. Gor is worth 1.2 Billion! Yeah the life of the mine and it's reserves are larger than DCN's, but DCN is worth what, 350 million with debt included. DCN's reserves will increase, by how much who knows? The selling at the moment could be someone playing silly buggers and trying to get in cheap. Trust is the difference between the Management of GOR and DCN, I suggest hanging in there until the next quarterly report. My opinion only.
DCN Price at posting:
83.5¢ Sentiment: Buy Disclosure: Held