GREY:DULMF - Post by User
Post by
Duniteon Oct 17, 2013 10:42pm
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Post# 21825949
gorilla.....
gorilla.....The six hundred pound gorilla in the room is antofagasta...Duluth is slowly, as share price keeps falling becoming a potential take over target by antofagasta. Now should that happen, the buy out offer will not be a dollar a share. More likely it would be somewhere between four and six dollars a share.So I will hold on to my few shares and wait to see what happens. THE best case scenario for Duluth would be the permitting and go ahead for Polymet to start mining. That would be an economic adrenalin shot in the corporate arm with share valuation rising fast based on that news . Dunite .