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Duluth Metals Ltd DULMF



GREY:DULMF - Post by User

Comment by rationalinveston Aug 08, 2014 3:12pm
243 Views
Post# 22823540

RE:Still no PFS

RE:Still no PFSMaybe DM is trying to modify some things, some output scenarios now they're in charge of TMM. Might take some time. PFS was and still is key, but indeed, it looks quite pale all of a sudden.

DM needs a good PFS, they will raise money soon again. If the stock goes down, it will diluted very rapidly given that there also is Anto loan conversion to shares. I cannot imagine a buyback - only if Anto was fooling us all along because PFS was too good for them to keep their option. I think that scenario is keeping DM alive for now.. when I read the news Anto bailed, I expected the stock to go to 30cts, was surprised it stayed above 50cts.

If PFS does get released today afterhours, there really would be no need to open the release..
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