Dundee Corp T.DC.A

Alternate Symbol(s): DDEJF

Dundee Corporation is a Canada-based holding company. Through its operating segments, the Company is a mining- focused investor primarily engaged in acquiring mineral resource assets. Its segments include mining investments, mining services, and corporate and others. Its asset base includes investments in precious and base metals projects across four continents. Its subsidiaries include Dundee Sustainable Technologies Inc. (Dundee Technologies), Dundee Resources Limited, and Goodman & Company, Investment Counsel Inc. The Dundee Sustainable Technologies Inc., a 78%-owned subsidiary developing patented sustainable precious and base metals extraction processes. Through the development of its patented processes, the GlassLock Process and the CLEVR Process, Dundee Technologies extracts precious and base metals from ores and concentrates, while stabilizing contaminants such as arsenic.

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Dundee Corp > Dundee Renews Normal Course Issuer Bids

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Comment by valueinvestor89on Mar 18, 2022 2:45pm

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Post# 34526259

RE:RE:RE:Dundee Renews Normal Course Issuer Bids

I'm fine with the strategy as a whole but it needs a better capital structure to do so. They are paying close to 4m of interest a year, have g&a expenses of 15-20m a year. That's just bad management.

I do believe Jonathan knows mining, and he can make good money for shareholders in this space but investing all of it in explorations while having a bad capital structure is not good. Prioritize buybacks, dispositions and then reinvest in jr mining

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