DCN dacian gold limited
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GENESIS vs DACIAN - Same fight ! Seeing the price of gold, the...

  1. Jeanlucecuyer
    899 Posts.
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    21/09/22
    17:37
    Post #: 63821563
    GENESIS vs DACIAN - Same fight !

    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
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    lightbulb Created with Sketch.  Great analysis
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