DCN 1.88% 40.8¢ dacian gold limited

Ann: Production Update and FY 2019 Guidance, page-53

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  1. 69 Posts.
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    In light of todays news you can either trust management in their long-term commitments of turning Dacian into a 200,000 ounce producer or not. If you have lost all your trust over this minor/ major 'misstatement' (however you subjectively decide) about production guidance earlier this month then sell. I personally like to buy from pessimists trading on short-term news and sell to optimists in unfounded euphoria (RMS). To me Dacian has the same project, management, property, it did a month a ago, 6 months ago, a year ago. I'll let the cash speak for itself in the next 6 months.
 
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