DCN dacian gold limited

Dream or reality ?

  1. 899 Posts.
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    That DACIAN is worth more than the GENESIS offer is obvious !

    But it seems to me that it is dreaming to hope that a much larger offer will be made for the remaining 25%. Simply because neither of the 2 companies is currently really viable and gold would have to be at 3,000-3,500 for them to become so !

    The financial income does not cover the operating costs, I do not see the 2 companies surviving without dilution of the share capital and therefore further declines in the price.

    There remains the possibility of a takeover by a major company. But, here too, we must not dream, everyone will wait as long as possible to pay as little as possible a company that will be on the brink of collapse, business is business !

    In the end, it will be as always on **promotion blocked**, someone will be right and someone will be wrong... and I hope for those who have kept their DCNs that it is me who is wrong !
 
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Currently unlisted public company.

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