GREY:DULMF - Post by User
Comment by
kkkrrrron Sep 24, 2012 12:32pm
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Post# 20406994
RE: Drilling New target today
RE: Drilling New target today yes , this stock will soar... but because Antofagasta and the deal beween Duluth and Anto ... they have to pay DM 1x NAV for further 25% in the project ... and the NAV should be about 2 billion$ .. this amount of money will cover DM's Capex for the remaining 35% in the project ... 35% of nokomis means cashflow of several hundred millions of $$$ p.a. ... the only risk is permitting...
..drilling the new targets: if they hit the the IPO next year will become reality and some investors are forced to buy shares now.. this is why the sp is up since weeks
DM is one of the best juniors out there and still very very undervalued