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Duluth Metals Ltd DULMF

Metals & Mining Industrial Metals & Minerals


GREY:DULMF - Post by User

Duluth Metals Ltd > new financing -- May seem desperate?
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Comment by mtsuiton Mar 10, 2014 10:21pm
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Post# 22305831

RE:new financing -- May seem desperate?

RE:new financing -- May seem desperate?In 2012 the company was repurchasing shares in the open market around $2 (because it was undervalued!)

Then in 2013 they issued a 7.5% bond convertible at $2.26 (avoiding selling equity when it was trading at an undervalued price around $1.75!)

Now selling stock at 70 cents ...
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