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Detour Gold Corp DRGDF



GREY:DRGDF - Post by User

Comment by HARJAYon Mar 05, 2018 3:43pm
111 Views
Post# 27663384

RE:BNN Market call

RE:BNN Market call
Detour Gold(DGC-T) 

March 5, 2018

 
 

It is a higher cost asset.  It is more volatile.  They have a cash flow profile that will drop in a couple of years.  The stock is off while investors plan to come back to it in a couple of years.  You are buying it for the cost of the infrastructure.  He would prefer to hold it for two years.  (Analysts’ target: $20.44).


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