DCN could have the quality someone might be looking for. I was sceptical about the syenite mineralisation originally but the combination of a huge low grade pit and a high grade underground mine might work well in increasing overall grade if the mineralogy, milling and processing allow. I wish someone like @nordesmic could tell us what DCN's share price would be worth if it was mining today at its PFS levels and with the resources it has reported (and assuming it carried the full debt in relation to the development CapEx)?
DCN's SP is acting like its projects could be the missing link in someone's greater plan. I've said it before. NST should be knocking on DCN's door as they could get 220,000ozs closer to the 1million oz dream. Problem is it gets more expensive every day.
Eshmun
NST Price at posting:
$5.53 Sentiment: Hold Disclosure: Held
(20min delay)