DCN 0.00% 28.5¢ dacian gold limited

Ann: Quarterly Activities and Cashflow Report, page-41

  1. 3,994 Posts.
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    Hi Pigeon P, nah, sadly wont be a pile of mined ore ready to process beside the mill from that, it just could not be dug out in the quarter. Probably won't increase tonnage in SQ from that angle, though grade looks like it will improve on the statements.

    One thing that peeves me about mining reports, because it is not all drilled up to JORC in the newly discovered large highish grade resource under the old pit to the north, its not included in life of mine yet. Blind Freddie can see that this will double its life an at the grade it looks pretty profitable. Its just the reporting rules, probably there because of quite a few porkies told by others over the years in this regard. If thatwas not there I would not buy DCN, but it is, and there could be quite a bit more in the open directions.

 
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