GREY:DULMF - Post by User
Post by
redmetalon Feb 10, 2011 10:44pm
532 Views
Post# 18113953
I GUESS
I GUESSNOTHING IS GOING TO MOVE THIS STOCK UNTIL THE TAKEOVER IS COMPLETE.
LAST YEARS DRILLING ,PLUS TODAYS NEWS OF DRILLING ,PLUS FRANCONIAS RESOURCE ADDED UP TO THE ALREADY HUGE RESOURCE = NEW RESOURCE ESTIMATE OF PROBABLY PLUS 30%.
WE SHOULD SEE $5 BY MID MARCH.
DULUTH ISNT GOOD ABOUT PROMOTING THEIR SHARE PRICE BECAUSE THE END RESULT OF THEIR BUY OUT IS BASED ON AN AGREED UPON CALCULATION SO WHY WASTE THEIR TIME OM PROMOTING THEIR STOCK.
BUYOUT PRICE SHOULD BE AROUND $2 BILLION AT THE END OF THE DAY, WHICH EQUATES TO A SHARE PRICE OF BETWEEN $18 TO $20.
DULUTH IS AN IVANHOE IN ITS INFANCY.
LOADING UP BEFORE THE TAKEOVER.