I'm not much into conspiracy but the downgrading of DCN by Macquarie Bank worries me. On the ANZ platform, which I trade on, DCN was on the Morningstar undervalued list for months, giving its real value, at over $2 a share. At the day this downgrade to a dollar $1.35 came happened, DCN disappeared from the ANZ undervalued site. Like GOR, Predator companies, are playing with the value of gold mining shares in Australia. They did this in Canada, destroying the value of gold miners there. Do your own research, and buy on what you see is value, as the share price can be manipulated by these unscrupulous companies.
DCN Price at posting:
$1.45 Sentiment: Buy Disclosure: Held