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Bullboard - Stock Discussion Forum Duluth Metals Ltd DULMF

GREY:DULMF - Post Discussion

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Post by discovernothing on Feb 02, 2012 1:42pm

Asleep

At times, I think it's the Company that's asleep. The NI43-101 updated Resource Report was contracted out before July, 2011 and in the Fall,  the Company indicated it would be completed by the end of 2011. In early January, 2012, they posted the 'Corporate Presentation' on the web site home page, which stated the Report  was  expected  "  by January 31st. 2012".  Today is February 2nd. and no comment from the Company.  Could you imagine if all public companies carried on in this manner. There would be no credibility and their stock prices would  all be asleep for sure.  I'm  certain there are a lot of the company's shareholders that would appreciate receiving information if timelines cannot be met and not left dangling .
Comment by oceaneleven on Feb 02, 2012 4:10pm
We are not asleep..SP up today for a nice close of 2.60....We are going to get a real nice bounce here very shortly with the upcoming "updated Resource Estimate"......This will bring alot of new players to the table....When Redmetal through out the 4 buckish number......my first thoughts were, a little to high but DM knows how to meet & greet and I am thinking 3.50 minimum....Alot of ...more  
Comment by KW_08 on Feb 02, 2012 6:46pm
Lets think a little longer term here.  $4 is a foregone conclusion sooner than later.  It is very easy to make the case that DM is a $5 billion dollar company one day.  10 minutes of DD will make that obvious.  That puts us at a share price of $36.50 fully diluted. This is world class.  Grades averaging 1.5% Cu  eq.  Well in excess of a billion tonnes.   ...more  
Comment by kkkrrrr on Feb 03, 2012 3:18am
the big ++++  here is the earn-in agreement with Antofagasta for additional 25%  ...a lot of cash for DM  and Antofagasta will be responsible for DM's share of Capex (for the remaining 35% of Duluths share) .... the project will generate a billion$ per year and will be profitable at much lower prices ... this makes DM a safe bet... because DM's share will sink to 35% my ...more  
Comment by oceaneleven on Feb 03, 2012 2:55pm
What a day...They walk that up to 2.60 and then down she go on wee volume to 2.51...They want to fill up in low 2.50 range....Shall I take advantage?HMMMM....
Comment by Latenite on Feb 03, 2012 2:59pm
I am !
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