RE: RE: re; DNT as a target
I was a 5 year holder of Antares Minerals. John Black was CEO. What a great guy he is. He is now a director of DNT
bringing the expertise of ANM's sale to First Quantum. Spinning off assets prior to sale has hallmarks of his experience with Antares. By the way, ANM dropped from $5 to $.87 in the 2008 selloff butsold in Oct 2010. What a ride!!
The key is that DNT has the funds to hang in there. DNT had and in a small way still has the political worries of Humala and South American (Argentina, this week) politics overhang the SP not to mention Europe, sudden selloff in CU etc etc.
Offsetting that, a new drill program, increasing liquidity in Europe and US combined with China's never ending
demand to build it's new cities will keep things hopping for years to come. I think this big selloff was just market noise, as the pros like to say. I tripled my position in DNT during the past three months. Now a waiting game and good luck to all. Cu is not going to tank from here, IMO.