In this article, I'll have a look at Detour Gold (OTCPK:DRGDF), a Canadian company which is currently ramping up its production at the Detour Lake Gold project in Northeast Ontario, Canada.
(click to enlarge)
I'll first talk about the company in general, and then move over to the Detour Lake Project which is currently in the start-up phase. Then I'll briefly discuss the company's outlook, which will result in my investment thesis at the end of the article.
As Detour Gold is a Canadian company, I have re-calculated (where necessary) the amounts in Canadian Dollars to US Dollars, using a fixed USD/CAD exchange rate of 1.04.
Detour Gold is currently ramping up production at its...
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