Not easy to time the bottom here..
I selected this issue based on the leverage it has to the POG.
Yes, this company is a higher cost producer but has a great depth and breadth of
experienced management who prudently cut the dividend to preserve cash. I has originally
bought this one based on the divvy which, in time, I expect will be restored at a higher POG.
I am a touch under water but not much and fully expect a 2-5 bagger here all in good time.
This one was also added to the TSX index which also makes it a good proxy for the sector and
while it may not be a DGC, this stock has multiple mines in multiple jurisdictions.. Others
I like are Kinross and Goldcorp ( G is best in class among the bigger ones IMHO) and for
the smaller leveraged producers I like SGR and IPT .. Please do your own dd and best of luck to
all investors who make the wheels of the mining industry create jobs !!!