GREY:WFEMF - Post by User
Post by
74volframon Mar 06, 2015 10:35pm
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Post# 23499644
A Dundee Resort in Gangwon province
A Dundee Resort in Gangwon provinceThis Dundee development is high end. very unusual and good looking on top. I did not know of this further involvement of Dundee in Korea business.
Here is the Mangsang resort brochure:
https://www.pattykodrun.yolasite.com/resources/150223_10721_Mangsang_MR2.pdf
Mangsang is on the east coast of Korea. Has both beach and ski slopes 2018 Winter Olympics and is next door to the main venues.
Sangdong is 40 km inland. So I am not sure how relevant the resort project really is to the completion of the mine. On one side it shows Dundee is in good terms with provincial Gangwon government to be developing one of their best real estate assets. On the other maybe investors need to be reassured Dundee is not neglecting the tungsten mine in favor of the sea/mountain resort. The recently provided loan and next steps towards financing should help clarify positions and intentions.