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Dundee Precious Metals Inc T.DPM

Alternate Symbol(s):  DPMLF

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.


TSX:DPM - Post by User

Post by greyowlon Jul 25, 2024 9:53pm
124 Views
Post# 36149177

Smelter Sold for $42M

Smelter Sold for $42MThis company could easily be swalled up by a major player with the smelter gone now.

Roughly 1/2 of the market cap is sitting is cash and their all in costs are less than half the
price of the current market price for gold.

Bye and hold here with little to worry about if you think gold will stay above $2,000 / oz

Operations are top notch and the future propects in Serbia and Ecuador look bright.


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