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Bullboard - Stock Discussion Forum Duluth Metals Ltd DULMF

GREY:DULMF - Post Discussion

Duluth Metals Ltd > more of everything
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Post by estebancaballo on Apr 16, 2013 12:48pm

more of everything

newest drilling results show more copper, pmg at shallow levels.......more fuel for the fire. Any comments from the geologists/miners?
Comment by rocdic on Apr 16, 2013 7:45pm
This post has been removed in accordance with Community Policy
Comment by DearBear6 on Apr 17, 2013 8:26pm
The deposit is getting less valuable depending on commoditiy prices and world economies. Europe is failing. I've sold some different stocks recently. GL
Comment by estebancaballo on Apr 17, 2013 11:57pm
the resource won't be in production for years...unless you think the current downturn will last for years your comments are not very pertinent. all imho.....
Comment by rocdic on Apr 18, 2013 12:16am
This post has been removed in accordance with Community Policy
Comment by rocdic on Apr 18, 2013 7:09pm
This post has been removed in accordance with Community Policy
Comment by DearBear6 on Apr 18, 2013 9:04pm
estebancaballo The current downturn does matter, because in the short term the price of DM follows commodity prices more often than not. If you are bearish on commodity prices in the short term you will wait to buy cheaper shares of DM when commodity prices fall. Buying a bulk of DM shares at $1.2 vs $1.8 is pertinent. Price matters a lot and short term troubles are exactly what you need to ...more  
Comment by estebancaballo on Apr 18, 2013 11:50pm
Fair enough DB, I was thinking more of the long term value but you are right for those who are planing to buy in the short term....there are so many shorters out there trying to talk down stocks that I am a bit leery of comments that seem to be negative....sorry if I over-reacted....you are clearly not one of those guys.
Comment by DearBear6 on Apr 19, 2013 10:42am
No problem Estebancaballo, I think there are many message boards where people pump stocks to no end regardless of the changing facts, and I want to be more realistic. I think DM holds significant value with copper anywhere at $2.00 or higher, especially with their arrangement with Anto.  On a side note. I once criticized LLEN many times a couple years back on the yahoo message board from $10 ...more  
Comment by estebancaballo on Apr 19, 2013 12:00pm
Right D, fascinating cautionary tale about LLEN.....I once was involved in some Chinese reverse takeover companies on the TSX and got out before they got slaughtered.....a number of them were pure scams....too bad because there must be some great opportunities in China.....as for DM - I remain convinced that this is a great long-term play regardless of the temporary vagaries of the copper market.. ...more  
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