Duluth Metals Ltd DULMF

HOPING

[yoda2]

Let's hope you guys are right about the appointments and that something good will happen for DM in the near future and with the support and expertise of Anto.
However, the appointments you are commenting on could be reasonably interpreted also as classical cases of nepotism and of finding respectable positions for the "what to do with " second generation members of the family. It may be that Anto has decided that the best option for TMM at this juncture,especially with DM's frail financial condition, is to put the project on the shelve and to let it sit until better prices and better markets improve the economics,  reduce the risk of such a large investment, and wait for better sharing terms with DM.
Whatever the situation, it appears Dundas has big job ahead finding meaningful work for his large management cadre, obtaining cash to keep DM a float, and hunting for a new TMM project partner.

Are the scavenger hawks circling now because of the chance of moving Anto out? If so they are likely  waiting for the right moment (and price) to buy out Anto and maybe even DM.
DM should release the PFS now.

Interesting and it could be very quiet for while.

Let's hope the PFS helps clarify things by clearly indicating that now is a good time to develop TMM.  Although Anto likely has a very good sense of the PFS info and they seem willing to sell out or wait.