DCN 0.00% 28.5¢ dacian gold limited

Ann: FY 2020 Guidance & Updated 8 Year Life of Mine Plan, page-157

  1. 12,259 Posts.
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    No I haven't traded myself in to a better position on DCN. I don't like to average down. DCN caused me to book losses on my portfolio that I was quite happy carrying forward and sell positions like RSG that I otherwise would not have sold. Not happy with Rohan at all but that is the stock market, in time you will have some bad luck here and there. I'm going to slowly exit most of my other equity positions into the rising tide except my long standing holding in TBR which thankfully has rallied just at the right time to put some shine back in my portfolio. I was just about to post this chart below on another thread which I just got in my inbox from the World Gold Council (see below). IMO this chart is cause for concern because it's a strange day on planet "markets" when every asset class is strongly in the green over a 6 month period when world economic growth is 3.3% over the same (similar) period and this includes Chinese growth figures which may not be trust worthy.

    https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD

    NASDAQ is up over 20% YTD, S&P up over 15%, gold up 10%, oil up over 25%.

    This is madness, considering US economic growth in the first 4 months to April 2019 was only a pedestrian 2.3%.

    Why is it only me that sees this as a massive red flag. The financial world is at the mad hatters tea party. Reality does exist out there somewhere so brace yourself for it IMO.Esh

    4C83ABA3-AF16-4B1B-988F-4AB97C017AB1.jpeg
 
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