Detour Gold Corp DRGDF

RE:RE:RE:Out

[Weeble]

Don't be so hard on yourself :).   It is hard to know where gold is going short term.   If you think gold is going lower, DGC with it's high AISC is not a good stock to own.  If you think gold is going higher, however then it is a very good stock to own.  I am not a chartist but even I can see that the chart is ugly.

TD just sent me an alert that DGC was oversold.  I haven't had one of those for a long time.  The bullish gold miners percentage is also approaching an extreme. Any time it is below 30 you are in the buy zone.  Below 10 is normally a great time to buy.   Now if only gold would go higher!

https://stockcharts.com/h-sc/ui?s=%24BPGDM&p=D&yr=3&mn=0&dy=0&id=p87959561672

I am still holding a core position.    GLTA