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Detour Gold Corp DRGDF



GREY:DRGDF - Post by User

Comment by mercedesmanon Apr 27, 2018 3:33pm
235 Views
Post# 27952155

RE:Oversold time to Accumulate

RE:Oversold time to Accumulate
joandru1 wrote: Detour at these levels are attractive .... L/T Buy.


Perhaps a LT buy, but I'm afraid not for the short to medium term. Too many problems: AISC unacceptably high, aboriginal issues, miss on guidance, production decline, etc. Add in recent experience = Mgt. execution risk. Sadly, investors will stay away for quite some time. It is what it is unfortunately. Perhaps a dead cat bounce can be hoped for in the short term ...then a long period of consolidation, while they go about solving all their issues. There are better gold companies to put your money in the short term: Kirkland, Teranga, Endeavour, Sable, Orezone, Mirasol, Wesdome, Maya, Semafo,...to name but a few. GLTA
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