GREY:DULMF - Post by User
Comment by
redmetalon Jun 25, 2012 7:19pm
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Post# 20053215
RE: RE: RE: RE: Chis Dundas CNBC interview
RE: RE: RE: RE: Chis Dundas CNBC interview Good question as to what the current share price should be in absence of whats going on in the world. Once the Prefeasibility comes out with the new resource that includes the 170 drill holes, the so called analysts should have something more to work with. They like hard numbers. There is just nothing but upside down the road. Go back awhile and read the posts from GEE. He has the future value of this company pegged. I recall he had it at $15 to $40 a share just prior to production.
Todays share price is nothing short of ridiculous.
If they drill some higher grade material as Chris thinks they will when they receive the new permits, then who knows how high this stock can go.
Remember that DEL will be owned 50% by Duluth, so Duluth will not be dilluting shares to raise drilling money.
These guys have done everything and are continuing to do everything right.