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Duluth Metals Ltd DULMF

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GREY:DULMF - Post by User

Duluth Metals Ltd > $5M private placement with Industrial Alliance
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Comment by miningfundion Oct 08, 2014 1:09pm
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Post# 23010653

RE:RE:RE:RE:$5M private placement with Industrial Alliance

RE:RE:RE:RE:$5M private placement with Industrial AllianceI agree with your analysis (I don't believe in miracles), but Anto's bridge loan is secured by DM's interest in the project (the debentures are unsecured). So Anto will end up with 100% of the project which it will put on ice (care and maintenance) until and if it becomes economically viable.
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