DNI Metals Inc DMNKF

DNI Metals Inc is an exploration and evaluation stage company, which engages in the exploration and development of mineral properties. It holds the base and precious metals, specialty metals, rare earth elements, diamond, and uranium mineral properties in Alberta, Utah, and Ontario. The company's properties include SBH Property, Vohitsara Property, and Clifton Gold Hill Royalty.

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DNI Metals Inc

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Comment by Floridas2000on Jul 06, 2018 2:37pm

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Post# 28279082

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News Out Formatted Better

100% unrelated. I was told they were looking into a second property early 2017. After the agreement but not a part of the agreement. It was bought because the property is not that large - Vohitsara. To make it very clear, if Cougar was able to complete drilling for Vohitsara then there would need to be a SEPERATE agreement to do Marofody.

Some have said that Marofody was bought because Cougar was screwing up Vohitsara and if that gets bogged down legally with Cougar they can still proceed. I don't think so. Looking at timeline I don't think it was intentional but just ended up working out that way. The bgger the plot the better your PEA and resource will look with respect to life of mine. If you can say we can supply for more for longer at high margins, that's a good enough reason to buy an additional property. Making more money is always a good reason for shareholders.

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