GREY:DULMF - Post by User
Post by
yoda2on Mar 10, 2014 9:09pm
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Post# 22305637
new financing -- May seem desperate?
new financing -- May seem desperate? A maybe -- only $10 million-- could it be for 15million or more shares ? 10% of co.
Sad situation
DM has a CEO, a President, a CFO and a COO. And even with 4senior executives they somehow they seem to have run out of money.
Not too good for shareholders. But should be enough $ keep to keep spendig on management salaries, admin and even some further drilling.
Hoping to hear an explanation soon -- it may not be bad -- they surely know what they are doing, to protect the shareholders.
https://www.stockhouse.com/news/press-releases/2014/03/10/duluth-metals-announces-private-placement-offering