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Bullboard - Stock Discussion Forum Duluth Metals Ltd DULMF

Metals & Mining Industrial Metals & Minerals

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Bullboard (GREY:DULMF)

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Comment by oceanelevenon Nov 03, 2014 2:03pm

RE:RE:RE:RE:RE:What should i do with my shares ?

Antofagasta's (LON:ANTO) wholly-owned subsidiary, Antofagasta Investment Company Ltd, has agreed to acquire Duluth Metals for an all-cash consideration of C$0.45 per share. Antofagasta will, as ...more

131

Discussion

Comment by marpincanon Nov 03, 2014 1:57pm

RE:RE:RE:RE:What should i do with my shares ?

The new bottom is 45 cents as Anto knows the company well and its confirmed. So how about you figure it out juansito!;-)

Discussion

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Post by Red_Deeron Nov 03, 2014 1:38pm

Better offer(s) to be expected...................???????

Some speculation here that other world class majors will surely be tempted to not let Anto get away with stealing this one so cheap. BUT__the 41 cent current share price suggests otherwise__not ...more

204

Discussion

Comment by oceanelevenon Nov 03, 2014 1:21pm

RE:RE:RE:news

the negative tone shared by some here was backed by the fall in sp.....if you think a bullboard has any influence this large is wishful thinking on your part hme..........maybe ANTO backing out of JV ...more

135

Discussion

Comment by hmeon Nov 03, 2014 1:13pm

RE:RE:news

You are right....look back and see how they played....Mayers - Wood Gundy (CIBC) issued a devastating downgrading call on the DM share price and flury of his "supporters" (materialgirl and ...more

135

Discussion

Comment by kkkrrrron Nov 03, 2014 1:03pm

RE:news

i think this was arranged long time ago.. the Pre-feasibility -study was low ball and the deposit is much more profitable .... the PEA was very strong .. thats why i bought som ANTO-shares some ...more

130

Discussion

Comment by ramblersreston Nov 03, 2014 12:22pm

RE:RE:RE:RE:If i keep my shares

P.S. Release does say right to match a superior proposal ......so gamblers could take SP higher ... who knows

116

Discussion

Comment by las5513on Nov 03, 2014 12:21pm

RE:RE:RE:Strange

Oceaneleven there is always an escape clause in an any purchase offer so I would be reluctant to buy at today's prices and if I was long the stock I would sell just in case something goes wrong.

101

Discussion

Comment by estebancaballoon Nov 03, 2014 12:20pm

RE:RE:RE:Strange

Totally agree, O. This resource should be worth far more than $96 m. to the right investor. Just look at the size of the resource. The PM's alone should be worth more than that going forward. All ...more

132

Discussion

Comment by Investing2015on Nov 03, 2014 12:19pm

RE:NSX

NSX is next

Discussion

Comment by oceanelevenon Nov 03, 2014 12:19pm

RE:RE:RE:RE:RE:If i keep my shares

it's a friendly take-over offer......... The Acquisition Agreement contains customary deal support provisions, including non-solicitation, superior proposal and right-to-match provisions in ...more

Discussion

Comment by estebancaballoon Nov 03, 2014 12:17pm

RE:RE:RE:RE:If i keep my shares

My understanding is that any agreement can be topped by another bidder....anyone out there who knows if this is correct? All imho.

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Discussion

Comment by oceanelevenon Nov 03, 2014 12:15pm

RE:RE:Strange

why would today's buyer be losers if they pay below the 45 cent sp set from Anto...........it has all been spelled out.......and what about pleasant surprises like another offer......ANTO really ...more

109

Discussion

Comment by ramblersreston Nov 03, 2014 12:11pm

RE:RE:RE:If i keep my shares

The release said BINDING agreement , therefore, it can't be bought by another party at a higher price ...SP should get higher to almost .45 as closing date is reached .....The big premium secured ...more

113

Discussion

Comment by oceanelevenon Nov 03, 2014 12:11pm

RE:RE:RE:If i keep my shares

yes I do....I think it will go higher then the 45 cent sp set by Anto.....96 million on the table for such a resource is just to cheap...It has been rumoured that Glencore & RIO are on the hunt ...more

109

Discussion

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