DCN 0.00% 28.5¢ dacian gold limited

Ann: Response to ASX Aware Query, page-112

  1. 2,736 Posts.
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    Green, the only reason I said that its a calculated risk, is because despite all the great fundamentals and attributes DCN has ATM,the human element is always the weak link in the chain. AS I have posted before I lost a large investment IN
    MOY due to that element. The criminal financial enterprise
    that also was our major S H coerced and manimanipulated our not so smart management in to a corner with hedging at $1700. 00 per ounce and high interest that ultimately ate up all free working capital. MOY went into administration and those crooks stole the company for 50 million dollars.
    MOY falls into private hands and those crooks inherited a mine with profits of 100million after AISC. Unfortunately GOLD MINING attracts some the most unscrupulous vultures and some very average management that should never be allowed to oversee a mine.
    GLTA and don't let a bad experience put you off what will be the greatest PMs Bull market in modern history. I'm still way up on my investments despite MOY and what's happening at DCN.
    CHEERS

 
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