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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 goldpigon Apr 23, 2010 3:30pm
243 Views
Post# 17025596

RE: BREAKOUT !

RE: BREAKOUT !DPM should gross close to $400 million in 2011 when production enhancement investment now underway doubles output.
With its low cash costs, DPM should be able to cash flow close to $1 per share.
That would suggest upside of at least a double from here.

A backwater stock that needs discovery, and we might be getting it.
Bullboard Posts