This thread has alot of great posts on the current situation and potential catalysts going forward for DCN.
Also like the people invested here, some quality posters. I received information that my (Sprott) broker's analysts, which they did a site visit and were happy with what they saw on the ground.
Having said all that, the market fears another ramp up issue. You only have to look at GCY, BLK, GUY-TSX, TRY, CCU etc of past failed attempts, hence you can't blame the hesitance of investors here.
If you blocked out the noise, the chart has told that story, though one would think, DCN is in a buy zone, with a lower risk now than early 18 sub 2.00.
When you compare DCN to it's peers who are in stable production, this is cheap. Add those short fall of ounces from exploration, which seems certain, and this is worth multiples higher.
Flip a coin here, management hold enough stock and have skin in the game to make me want to buy, but if they miss like some are saying, a retest of 1.50 in this unforgiving market is possible.
Will keep watching. RSG / DCN are at the crucial stages now.. both have large upside, if their ambitions are realised.
GL
DCN Price at posting:
$1.99 Sentiment: None Disclosure: Not Held
