Dundee Corp T.DC.PR.D

NCIB

[pierrelebel]

April 10,2023

• Dundee (DC.A) has received regulatory approval for normal course issuer bids (NCIB) on three share classes
• The company may purchase up to a maximum of 7,571,650 Class A shares, 114,916 Series 2 shares and 181,752 Series 3 shares, representing 10 per cent of the company’s public float of each share class
• President and CEO Jonathan Goodman views the purchase of shares for cancellation at current prices as a prudent long-term investment to streamline Dundee’s capital structure, reduce future dividend payments, and return excess cash to shareholders
• Dundee Corporation is an active investor with more than 30 years of experience making accretive mining investments

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Five months later, the shares are trading at $1.15.

Why is management not buying?

[tylerreddick]

pierre, just a friendly word of advice. You are too old to be losing money at the rate you have been recently. Picking krappy stocks is a really bad investment idea.  GICs are paying great interest these days.

[Macpoor]

He is asking why the managment team are not buying any shares at this price?  DC.A should be around $3.00 with all assets they own. So that been said , it is not a worse stock out there.