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Bullboard - Stock Discussion Forum Duluth Metals Ltd DULMF

Metals & Mining Industrial Metals & Minerals

GREY:DULMF - Post Discussion

Duluth Metals Ltd > Drilling New target today
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Post by redmetal on Sep 24, 2012 10:44am

Drilling New target today

If they are correct in their target assessments, this stock will soar.
Comment by kkkrrrr on Sep 24, 2012 12:32pm
yes , this stock will soar... but because Antofagasta and the deal beween Duluth and Anto ... they have to pay DM 1x NAV for further 25% in the project ... and the NAV should be about 2 billion$  .. this amount of money will cover DM's Capex for the remaining 35% in the project ...  35% of nokomis means cashflow of several hundred millions of $$$ p.a.  ...  the only risk is ...more  
Comment by rocdic on Sep 24, 2012 12:57pm
This post has been removed in accordance with Community Policy
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