Seeing the price of gold, the forecasts of the board of GMD for the future, we can fear that its shareholders will experience the same fate as those of DCN...: Capital raising, dilution and losses at repetition..., all this with the usual good excuses (oil prices, weather, production below forecasts, etc.) from a management that calls itself "modestly" as :
"Outstanding management team with a proven track record", which is not really demonstrated by the balance sheet and the price of GMD !
For me, the best solution is to sell our DACIANs at the market is to pass on something other than a lame horse !
DCN Price at posting:
8.6¢ Sentiment: Sell Disclosure: Not Held
