GREY:DULMF - Post by User
Comment by
estebancaballoon Mar 06, 2013 12:41pm
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Post# 21087952
RE: Im buying the drop
RE: Im buying the drop I doubt DM would or could dilute the shares in the manner you describe given the co-ownership by Antofogasta (don't think they would appreciate it at all!). By 2050 there will be over 1Billion middle class people in China alone and 3Billion worldwide (according to Wolfensohn...former World Bank pres.).....how much copper will the world need to feed that kind of growing demand?? DM is a no brainer imho: safe and friendly jurisdiction, good partner/investor, massive and well documented deposit, close to market, good infrastructure nearby, environmentally acceptable, etc........they just need to go through all the steps and that takes time....something flighty investors don't always want to give.....wait until the summer and more drilling results are out - the lemmings will rush back in and the sp will likely soar...all the above in my humble and non-expert opinion.......do your own dd.