GREY:DULMF - Post by User
Comment by
estebancaballoon Nov 04, 2014 12:53pm
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Post# 23093111
RE:Knock, Knock!!
RE:Knock, Knock!!If A does get the DM 60% for 96m it could be the steal of the decade. In a few years people will look back at this time and shake their heads in wonder. The fundamentals are clear: global growth continues while the supply of resources dwindles. Major resource plays in safe and well located countries are exceedingly rare. This deposit is one of the largest (if not the largest) of such resource plays. Of course we are in a period of deflation and low demand for commodities but this is a long term project....in 10 years these commodities could be selling for many times their current price. There could easily be several billion $$'s worth of metals in this deposit....only a fraction of it has been explored. Anyway that is my rant....as a long time investor I feel we have been taken to the cleaners. Maybe Glencore will come in and double the offer....that would be logical but likely won't happen.....all imho.