Duluth Metals Ltd DULMF

.02 cents

[jjeeddoo7]

many great thughts here with the latest news...

reaction is IMHO that the ones that say DM was played like a fuddle...you are really close

remember back to the day that DM bought out Franconia for 70 (ish) million

well....amazing how they only got 26 million for ALL the other assets after the years they have owned that...not good math...period

on the other hand the pre feas really was not to great either...it is why this ran hard from .50 to
.07 ish...and to say they are getting a premium to the daily price now is another math joke

many investors here were in for a much higher premium...and only a few that bought below .40 really will manage to come out smelling okay...stinky math agin

beyond the sale...Antofagasta will sit on this and inch her forward...Frompersonal experience growing up on the iron range in Minnesota...the mining friendly juristiction is pertaning to Iron Ore...not PGM/copper/nickel....there are so many environ-MENTAL-ism groups lined up against Polymet...it is down right saddening...Polymet has been though 2 Environmental Impact Statements...the first one had numerous airheaded mistakes...and the environ-MENTAL groups owned them....now they have a great document that took another 4.2 years to produce called an SDEIS...and it has now been almost another year for the DNR to try to figure out how to answer the 58,000 thousand replies(yes, most from the nut cases, and the kids they recruited out of high schools and colleges,,,the really radical environMENTAL groups)they simply do not want copper/nickel PGM miens in Minnesota...they have hired complete bald face LIARS with degrees,,,and millions of dollars behind them to fight this...as far as DM...really look at what the BWCA is in northen Minnesota...to the environ-MENTALists,,,,,it is their worship ground....one week a year they bring their electric car up ...buy nothing in the towns...and slip their stupid canoe into fresh water that we all keep clean over the years...and then they slip out of town...and back to polluting the planet as they see fit.   

Trust me...I am pro Mining with the best of them...and the science is there to mine Polymet and DM...however...there are trust fund monies that are being taked about for mine closure...that may run as much as 3 million per year for 200 years...that is 600 million Polymet may have to put up for a 20 year mine...that eats into profits people and the botton line of stock valuation...this state IS NOT FRIENDLY to copper/nickel PGM mining...It pisses me off so much that I am working toward heading onto greener pastures than this liberal state of nut cases.

cut your finger off and move onto Wellgreen Platinum in the Yukon...when the PEA comes out by year end...you will understand this...the Yukon Government is assisting mines open...the First Nations Tribes get business from the mines...and real careers...it becomes a partnership....then go into the true fast tracking...compared to 15 years for Polymet...so far...permits will be applied for in 2016 with respect to Wellgreen...but...there are many smart people already here...go do yourself a favor and understand the Geology...you will get it....it will take your mind off your hand hurting once you have had the guts to cut that finger off.

Make Green and be Well