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Bullboard - Stock Discussion Forum Duluth Metals Ltd DULMF

Bullboard (GREY:DULMF)

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Comment by estebancaballoon Jul 05, 2014 11:30am

RE:What Anto had to say

Ok so they have decided to let someone else take on the risk of developing this project while continuing to own a large chunk of it. In the meantime they will develop more cost-effective and less ...more  
Post by marpincanon Jul 05, 2014 8:53am

What Anto had to say

For immediate release,3 July 2014 TWIN METALS PROJECT Antofagasta plc (“Antofagasta”) announces that its wholly owned subsidiary Northern Minerals Investment (Jersey) Limited, has given notice ...more  
Comment by redmetalon Jul 04, 2014 10:28pm

RE:RE:RE:Bottom line

My feelings are with Rocdic. They see this as a long process. They will fight with the same people as Augusta for permits and want to pin there money into Los Pelambras. They believe they will get ...more  
Comment by TheCardinalon Jul 04, 2014 10:19pm

RE:RE:Bottom line

  If that's what they're really scared of, they should have spent more time on the ground, in person, in Minnesota and learned how when Minnesota wants something done, it gets done!& ...more  
Post by estebancaballoon Jul 04, 2014 7:48pm

Bottom line

DM owns 60% of a massive deposit that will very likely be developed within the next 10 years. Would you like to be in that position? Yes? Me too. How do they finance this moving forward? Who knows but ...more  
Comment by goldsternpon Jul 04, 2014 5:42pm

RE:Antofagasta decision stokes uncertainty for Duluth Metals

Quite frankly I can't begin to understand this stock other than that they have ownership of a big resource in a stable part of the world. What I have read about Antofagasta and how their share ...more  
Post by yoda2on Jul 04, 2014 2:18pm

Why would Anto sell its 40% interest for $220 million???

Does anyone understand why Anto would be willing to walk away from the TMM for under $250 million?? Some key info is missing.  Does the PFS indicate that the scale of the project is too big and ...more  
Comment by redmetalon Jul 04, 2014 12:50pm

RE:RE:RE:RE:Buyout price would be circa $400m

I wonder if Glencore is looking at stealing this one given there involvement with Polymet.
Comment by estebancaballoon Jul 04, 2014 12:11pm

RE:RE:RE:Buyout price would be circa $400m

Thank you M for the informative post. What was the mood of the cc? Did Dundas sound confident or nervous?
Comment by materialsgirlon Jul 04, 2014 12:03pm

RE:Speculation

estebancaballo As they say in North Dakota;  you got that one right. But so far investors have not been spooked too much.  Share price is steady today mat
Post by Arbus1on Jul 04, 2014 11:34am

Stock Price

I don't pretend to know what is going on here, but I find it somewhat encouraging that the stock price is holding up at least.
Comment by mtsuiton Jul 04, 2014 11:28am

RE:RE:Buyout price would be circa $400m

ANTO has a standstill agreement with DM so ANTO can't buy shares in the open market.  On the cc Dundas confirmed this is still in effect. ANTO has pre-emptive anti-dilution rights allowing ...more  
Post by estebancaballoon Jul 04, 2014 10:44am

Speculation

Without more info re: the Anto/DM relationship I don't think we can figure this one out....
Comment by DearBear6on Jul 04, 2014 10:34am

RE:Buyout price would be circa $400m

Does anyone think it would be in anto's best interest to wait until DM needs cash to survive then start buying out small chunks of DM at a time for cheap?  What is to stop anto from doing ...more  
Comment by marpincanon Jul 04, 2014 9:58am

RE:RE:Buyout price would be circa $400m

Dose anyone know how may shares of DM Anto currently owns? The 10 million loan plus interest  that DM has to pay back will likely be paid back in shares (20 million shares). So based on Anto ...more  
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