GREY:DULMF - Post by User
Comment by
redmetalon Jan 17, 2014 12:17am
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Post# 22102246
RE:RE:RE:Interesting interview with Don Lindsay Teck CEO
RE:RE:RE:Interesting interview with Don Lindsay Teck CEORoc, dont think Teck is not interested in this property. Duluth drilled 3 times the results right next to Tecks massive drilling campaign in 2006 when Nickel was through the roof. Duluth needs money, they are almost out. They refused to borrow more from Anto, went to the richest guy in China for the last $30 million. If Teck wants a position, here is there chance. At the end of the day, Teck would be happy with 35% and Anto would be happy with Teck as a partner in a 50 year mine. The contract still stands, Duluth gets the $$$ for the 1xNAV and Teck buys them out for a hopefully shareholder winning premium. There are not to many great assets left and not many discoveries. Big miners have to plan for the future now. Also, there is alot more metal in their land holdings.