DCN 4.28% $1.59 dacian gold limited

I don't wish to underplay the importance of what might have been...

  1. 2,101 Posts.
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    I don't wish to underplay the importance of what might have been said previously, and if there's enough evidence to suggest what you're suggesting, then there is a case for damages. That is a long and drawn out process, and extremely costly.

    But let's not kid ourselves - we are not gathered here for holy communion (see my previous post).

    What you have to ascertain is what constitutes a lie.

    Getting forecasts wrong is not lying.

    Equipment breakdowns is not lying.

    Misreading the geology is not lying.

    Incompetence is not lying.

    Nor does every company get done for 'lying' or whatever you wish to call it.

    Dacian clearly got punished, and rightly so.

    My main concern is whether the business is still viable.

    And if it isn't, I have myself and nobody else to blame.

    I'm betting the selling was overdone.

    Either way, there are lessons in this for GOR.

    And I can assure you that GOR will miss targets along the way.

    It's how the company and the market respond that matters.

 
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