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Bullboard - Stock Discussion Forum Duluth Metals Ltd DULMF

GREY:DULMF - Post Discussion

Duluth Metals Ltd > dm wildly undervalued?
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Post by estebancaballo on Oct 22, 2012 6:13pm

dm wildly undervalued?

Anyone have any theories on why dm stays at such low levels? Using values from a  report regarding the average valuation of junior gold miners that have been bought recently.....based on the indicated gold reserves alone the market cap should, I think,  be more than double its current level. If these valuations (and my math) are correct and dm were to be sold today we would be getting half the current going price for the gold in the ground and giving away the copper and other metals for free......go figure!
Comment by mutzy on Oct 23, 2012 10:56pm
The controversy of building a mine near the Boundary Waters Canoe area Wilderness. Also the slowness of the Permitting process. (Polymet)
Comment by rocdic on Oct 24, 2012 12:49am
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