Cheers @Mkr. Looks like they held before drop but are still sellers. I think DCN has one of the highest upside exposures to the POG given its business is partially valued on failure. Anything which gives more certainty to the viability of the business should give it a higher SP appreciation than other gold plays. High risk for high reward. Potential further downside won't be evident until next quarterly
"Given the strength of gold the poor operational performance of DacianGold (-66.6%) was even more disappointing. While a takeover ofDacian is a possibility we viewed the risk vs return trade-off as suboptimal and have thus begun exiting and replacing the position with amore diverse gold miner"
DCN Price at posting:
95.5¢ Sentiment: Buy Disclosure: Held
