This past couple of weeks there has been heavy, perhaps, forced selling.
Whatever is behind the motivation of the seller, this has presented a fantastic opportunity to buy the shares at terrific prices.
Research shows that this company has - approx 2.5Moz JORC compliant, - a working processing plant, - produced 15Koz last quarter, - ramping up production in 2 half - great grades at Frog's Legs - highly prospective tenements for AU and Ni - no debt - no hedging - $20m in cash - a piddling market cap of Approx $100m - huge upside - in the middle of massive infrastructure
and, and, and...if this company isn't the best junior gold producer on the ASX, then what is!
DIO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held