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Duluth Metals Ltd DULMF



GREY:DULMF - Post by User

Comment by miningfundion Jan 16, 2014 2:36pm
222 Views
Post# 22100275

RE:Interesting interview with Don Lindsay Teck CEO

RE:Interesting interview with Don Lindsay Teck CEOThanks, it was an interesting interview. The problem is that, although DM owns 60% of the project, Antofagsta controls it, and no major corporation, Teck or others, would buy into that structure. I suggest that that the most interesting point, from my perspective, is that China, in absolute terms, continues to grow rapidly and is still investing in fixed assets that require huge amounts of commodities. I think that this is the "easy money" time for commodity stocks i.e. the smart money is quietly getting in. DM's current stock price bears no relation to its intrinsic value when you look at the established resources, location, Anto deal, etc. - it seems to be a neglected orphan. We should see more interest as the resource report is issued in a couple of months and then the PFS shortly thereafter, we hope. In the meanwhile, I plan to continue to slowly add to my position, particularly when the stock is dumped, as RBC did yesterday.
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