DCN 1.88% 40.8¢ dacian gold limited

Noticed you stopped to talk about the oil price on DCN’s chart....

  1. 11,185 Posts.
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    Noticed you stopped to talk about the oil price on DCN’s chart. Just a note to people to remind them that DCN’s plant runs on gas for the nearby gas pipeline.

    Disappointed that you still can’t see RSG as the best opportunity in the gold space going forward, irrespective of the gold price. I think it will outperform every stock you have covered in the next few years and the sub-$1.00 shares were the last give away entry to absolutely load one’s portfolio on. Also now confident to trade the dip and buy the dip on that stock for years to come. I actually see it as the lowest downside risk stock out there because it is trading near book value and the upside catalysts are clearly spelt out.

    Share prices react to growing cashflow and growing production profiles, two things that RSG will have in spades. Also disappointed that you use the same terminology (“cash burn”) as Colin has with respect to describing RSG’s developments. I’d reserve that term for companies that are burning cash with little prospect of seeing that cash returned. I personally think RSG shareholders are getting a world class development for their money at Syama and the cost has been reasonably moderate for what is being built.

    Sorry for this sort of cross-promotion here but if @nordesmic is allowed to give opinions on RSG and other stocks on the DCN threads via his videos then shareholders of those companies should have a right to reply.

    Maybe nordesmic should be restricted to posting these videos on the gold thread only or other generic threads as they are effectively cross promotion exercises for the stocks he holds.Esh
    Last edited by eshmun: 27/12/18
 
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