Dundee Corp T.DC.A

Alternate Symbol(s): DDEJF

Healthcare Metals & Mining Technology Gold Industrial Metals & Minerals Silver

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 > New Press Release - Dundee Corporation Announces the Sale of 8,000 Shares of TauRx Pharmaceuticals Ltd. for Proceeds of US$1 Million

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Comment by valueinvestor89on Sep 27, 2024 10:20am

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Post# 36243939

RE:RE:RE:RE:New Press Release - Dundee Corporation Announces the Sale of 8,000 Shares of TauRx Pharmaceuticals Ltd. for Proceeds of US$1 Million

I think is smart to take some chips of the table. Maybe a bit more, but I think the key point is this is the first time in a while we get to see what the market value for the investment is. They hold Taurx at $68M cad or 0.78 a share. This US$1M investment translates into a cad$170m valuation which is $1.9 a share. With the regulatory approvals this could go to 0 or it could go to $500m so is an interesting snapshot in time of where we are and makes it so clear how undervalued the stock is.

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