RE:RE:Here is WHAT to EXPECT,,,,,,,,,,,,,,,,,,,,,,,,,In other words at under 100 million shares it was worth 40 million dollars and this happened over a decade ago. Slim pickings of any winners eh.
Not sure what your point is here as your stock is well over 100 millon dollars in valuation right now.
Duluth was a low grade nickel deposit in Minnesota and just like we see here were expecting to find a high grade deposit and didn't from what I could find.
Also had a complex metallurgical recovery strategy needing hihg frond end capital costs which just like this stock could not be raised.
It was a massive low grade nickel deposit and they had a joint vendure with Antofagasta that gave them 158 million dollars to carry it forward. It was well over 3 dollars like this one and then crashed to a dime.
But you have Dumont right? Well Karora did a double if you bought at the absolute lows and virtually no one seemed happy about making money on that board.
Chieff wrote: It had dropped to 7 cents and shot up to 41 cents on the buyout news