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09/12/18

20:45

Post #: 36799663
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Originally posted by fbx258: ↑

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

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The graph posted is so far typical of the Junior Mine Cycle which tracks typical share price performance from explorer to producer
that model typically has exploration peak less than production peak - I sincerely hope that stays true for DCN

DCN Price at posting: $1.99 Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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Share price, page-52

Top Stories

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Chimeric clocks $4.17M R&D tax rebate from Canberra

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Australian Rare Earths bullish on early-stage uranium potential at Overland, SA

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Watchdog takes Webjet to court over alleged 'false' flight prices with hidden fees

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game