Rick Rule Detour Gold DGC-T BUY Nov 06, 2018

Costs are going up and revenues are going down. They have done many stock issues and not rewarded their investors. When production forecasts fall short of expectations investors will go elsewhere.

They just a big correction for no reason. Their last earnings report said they had good earnings and really lowered costs. They have outperformed and management has executed well. It's a great entry point now. (Analysts' price target: $16.29)

(Past Top Pick, June 22, 2018, Up 1%) It took a dive after earnings (and reducing costs), then recovered after management said it would restructure the company. Solid company, and he even added to his holdings.

Had a big pop in 2016. The head and shoulders chart is now gone. This stock and gold are beat down. That said, it's cheap now. Buy or hold.

They are in the process of being taken over by KL-T. The chart for DGC-T looks fairly bullish otherwise. He would buy it here unless you thought another buyer would come along.