With respect there is something else going on here with all these stocks something that you, I and everyone else cannot explain. If you're a pure trader then you would have been stopped out a long time ago. Personally I'm buying more. There is no reason for this stock to be re-rated so low as it is one of the better gold stocks out there you know cashed up, no hedge, producing etc etc
I don't think DIO needs to go cash flow negative given that they are producing 15,000 oz pm which should net them about 4.5m (based on $300) that should keep their projects well funded and leave a little over I would think.
Anyhow how do you know what their capital expenditure will be.
Cheers BW
DIO Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
