OTCQX:DMMIF - Post by User
Post by
coquitlamon Aug 03, 2010 10:20pm
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Post# 17319109
takeover valuation
takeover valuationKinross is taking over Red Back mining at $400.00+ per oz m&i reserves. The Red Back mines are in the western Africa so that takeover was done with foreign country discount. I don't want to even try to speculate at what price per share is DMM ($30.00) if taken over even at half value per oz given to Red Back. If (or when) it happens it will be time for early retirement in my case. Waiting with great interest to son see 2QT update on production levels. good luck to all!!