Duluth Metals Ltd DULMF

NEWS? a little rally! Fizzle! HoHUM!!

[yoda2]

Seems to be no subsatantive change other than increasing confidence about the ore body"s size.

[estebancaballo]

It looks like the traders got in on what they assumed would be a big move upwards (as it should have been, imo, given the news) and then got out when it stalled. The big investors are all probably on the sidelines until Greece and the Fed meeting happen.....

[goldsternp]

As I mentioned in an earlier post, I don't think that rational investors have anything to do with stock prices. You may want to read/ listen to this link on Yahoo about flash trading https://finance.yahoo.com/blogs/breakout/high-fredquency-trading-ruining-market-115602004.html As long as stocks like IDNG can soar,  with no assets while DM worth at least 100 billion is capitalized the same

[estebancaballo]

You may be right!

[goldsternp]

Does someone have a better explanation for today's behavior of DM versus IDNG? Especially considering that the CEO of IDNG has been posted as having an SEC conviction on his record. Seems like my other theory about dishonesty paying is constantly validated. Having said that, none of the IDNG press releases have been dishonest so I suspect the SEC has no cause for action. It's just that the

[oceaneleven]

I just can't believe the volume, never mind the sp....Looks like the market is only paying for significant discoveries at this time...investor's are scared to park their money in anything with the euro crisis...oh well, this buys me more time(lots) to accumulate...I really thought today with this Updated Resource estimate that we would be at least 2 and 1/2 bucks....They do say that

[Specboy20II]

Gonna be a lot more I cant believes ocean the next few months.A gift today is a loss in 3 weeks.Sometimes best to hunker down and wait it out with cash......

[redmetal]

New resource was the result of 266 drill holes. At least 170 drill holes will be added for the update in August. 63% more holes (many are higher than the average grade) will make this much larger than it already is.

[estebancaballo]

 Not sure I can handle any more good news if this is how the market reacts to it.........but seriously, we should see the fundamentals come to the forefront at some point......probably in the fall when commodity stocks seem to do better.......but after today all I can say is - who knows where the sp will go?

[rocdic]

This post has been removed in accordance with Community Policy