Ever since DGO got onboard I suspected there was gold ... lots of gold in DCN's control somewhere. That to me explained the heavy dilution at the bottom. I must admit I questioned this premise when DGO accepted the TO bid.
I also liked a very negative production announcement where the stock was heavily sold but someone was buying (that was at 0.20cts).
I was shocked to see DCN closed at the open yesterday on a day where the market was selling everything across the board.
I reckon there will definitely be some good assay results but who knows we might get a good combo of drilling and production results
I however comprehend the sentiment of most here ... most are sick, tired and disappointed. That is the ideal combination for the accumulation at the bottom. I shared the same feeling until yesterday. That even day on a carnage day was very telling to me. I am hopeful now
DCN Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held