Think DEC is undervalued?I hold both DEC and MTB and can tell you, if you are looking for even cheaper exposure to the Red Cliff property check out MTB. The only reason I hold DEC is for the "ownership" exposure to Red Cliff but hold more MTB because I think the upside is MUCH higher there. The 40% stake in Red Cliff, plus Silvercoin property, plus BA property, etc, need I say more?
DYODD, I love playing splits with companies, and will have no problem selling between MTB and DEC. Right now, IMO, the switch should be made to MTB. I would love to hear why you think that isnt a prudent investment strategy!
GLTA