Dundee Precious Metals Inc T.DPM

Alternate Symbol(s): DPMLF

Metals & Mining Gold

Dundee Precious Metals Inc. is an international gold mining company. The Company assets includes Chelopech Mine, Ada Tepe Mine, Coka Rakita, Loma Larga, Tierras Coloradas and Timok. The Chelopech Mine is an underground copper-gold mine located in Bulgaria, approximately 75 kilometers east of the capital city of Sofia. The Ada Tepe Mine is a high-grade, open-pit gold mine located three kilometers south of the municipality of Krumovgrad in southern Bulgaria. The Coka Rakita prospect is located three kilometers southeast of its Timok gold project and is 100% owned by the Company. The Loma Larga is an underground development project. The Tierras Coloradas concessions consist of four exploration licenses totaling 6,955 hectares (70 square kilometer), located in the province of Loja in southern Ecuador, near the border of Peru. The Timok gold project is a sediment-hosted gold deposit located in the central-eastern region of the Republic of Serbia.

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Dundee Precious Metals Inc > Anyone know why the weakness in this stock?

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Comment by AlfTanneron Aug 27, 2021 10:38pm

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Post# 33777757

RE:Anyone know why the weakness in this stock?

This stock is a great value at the current price. It is priced for about $1600 gold. If gold stays flat, this stock should do well. If gold goes up, this stock should do extremely well.

I think countries like Bulgaria and Namibia scare some investors away, but the gold that comes out of the ground is the same no matter what country it comes from. The market is also ignoring the Loma Larga project that came from the purchase of INV Metals. That project alone has an NPV around $700M or $3.60 per share.

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