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Detour GoldDGC.TOPAST TOP PICKJul 26, 2016Stock price when the opinion was issued
As of Feb 04, 2020. Market Open.
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).
(A Top Pick June 17/15. Up 96.25%.) One of the premier assets in gold. A 550,000 ounce producer making it an intermediate in its own right. Low cash costs at about $10.50 an ounce. What is special is the 20-year mine life. Still a Buy.