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Dundee Precious Metals Inc T.DPM

Alternate Symbol(s):  DPMLF

Dundee Precious Metals Inc. is an international gold mining company. The Company assets includes Chelopech Mine, Ada Tepe Mine, Coka Rakita, Loma Larga, Tierras Coloradas and Timok. The Chelopech Mine is an underground copper-gold mine located in Bulgaria, approximately 75 kilometers east of the capital city of Sofia. The Ada Tepe Mine is a high-grade, open-pit gold mine located three kilometers south of the municipality of Krumovgrad in southern Bulgaria. The Coka Rakita prospect is located three kilometers southeast of its Timok gold project and is 100% owned by the Company. The Loma Larga is an underground development project. The Tierras Coloradas concessions consist of four exploration licenses totaling 6,955 hectares (70 square kilometer), located in the province of Loja in southern Ecuador, near the border of Peru. The Timok gold project is a sediment-hosted gold deposit located in the central-eastern region of the Republic of Serbia.


TSX:DPM - Post by User

Bullboard Posts
Comment by nijinsky70on Jan 21, 2011 2:11pm
197 Views
Post# 18008587

RE: RE: What happened in the last month?

RE: RE: What happened in the last month?No, I'm not new to gold in fact I have a fairly big gold portfolio.  I fully understand that the price of gold has everything to do with gold stock price fluctuations. 

My question really is more DPM specific in which the stock went over $10 not that long ago and has been on a daily nose dive ever since - much more so than the other gold stocks I own - SMF, BTO, CGA, K and YRI.  It just seems abnormal to me that this thinly traded stock acts this way.  Retails are not driving this stock for sure.  Hence my "pump and dump" comment by the big traders.  

My average price is about $5+, so I'm just wondering aloud if I should cash out before that last profit evaporates, or take this chance to add more.  I was hoping to get some insight on this company specifically beyond what I can read about it from the analyst reports. 

All constructive comments are welcomed.
Bullboard Posts