I'd be buying on the dips... also, I keep seeing the comment about a failed CR and even a comment in another thread about worrying about an upcoming one.. strange (and old news - so already factored into the share price a long time ago) plus they are fully funded with fixed price contracts and good excess working capital too.. Solid company - and $2.90 sounds a little conservative. With all the hooha going on in the US, we could see a rare gold spike and USD gain (counter-intuitive but even during the GFC when everyone wrote off the US, the USD still shot up and our currency hit the floor) which means a nice little money earner for gold producers with operations in Australia. Combine this with possible corporate activity - DCN is surrounded by cashed up, unlevered gold miners who may prefer the acquisition route to going out and increasing their Reserves/Resources the hard way.
- Forums
- ASX - By Stock
- DCN
- Ann: Underground Mining Commences at Beresford
Ann: Underground Mining Commences at Beresford, page-6
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)