GREY:DULMF - Post by User
Post by
canusaon Dec 14, 2009 4:18pm
293 Views
Post# 16585897
tightly held
tightly heldthis company is tightly held as Wallbridge Minining (WM) owns 10M shares of DM. WM Shareholders also received an additional 11M + shares during the spinoff of this company. Do the math and you can see how tightly held this company truely is. I believe this will also drive the demand for DM shares in the future. WM is way undervalued as of right now. I expect it won't be to long before people figure this out. Again the news released by Duluth Metals is not new news. The company doesn't advertise all over the place so this one is finally catching wind. Watch for WM next as it usually lags behind DM.