Post by
CBalardo on Feb 19, 2021 12:38pm
Troilus gold
Does Dundee still own 100% of Dundee global resources or is that just owned privately by Goodman and Company?. For example we do not show being a share holder in Troilus gold, but do we hold debt or warrants through a spin off of Dundee Corp.. I'm trying to find any value in private investments Dundee may have that they are not showing through equities market. We know about most of them but if they hold any % in Goodman family funds that changes things. And have they fully written off losses of Dundee energy? I can not see this in the numbers. There could be potential for 100% profits on all income on sale of assets. Also I'm not a big fan of them throwing money at small resources again. I would rather them stayed in DPM or share buyback. At least Atico is producing, but the two newest investments Big River, and Moneta? Both companies are gold so your essentially putting you eggs in one basket no matter how many different companies you buy in. Why would you not do better DD and focus that cash in bringing one into higher production?
Comment by
jrj90620 on Feb 19, 2021 2:55pm
It seems like Goodman is recreating what he had when DPM was a closed end mutual fund,holding shares in many miners.DPM later,under Goodman,converted from a mining stock holding company to a operating miner.Maybe with all the cash DC has now,they could buy a operating miner and create some income.