Post by
Dunite on Dec 22, 2013 8:46pm
stock price
We could be looking at .45 cents a share before the mining depression turns around maybe by mid March. Companies that are mining and producing product are weathering the storm. Companies that are almost ready to produce are also holding up. Pure exploration companies, such as Duluth, regardless of what sort of good news is reported from the field, are dropping in stock value like a gabbro stone thrown in a lake. Investors now days do not want news-THEY WANT RESULTS. They want ore mined from the ground and a return on their investments. -Dunite
Comment by
rocdic on Dec 22, 2013 10:22pm
This post has been removed in accordance with Community Policy
Comment by
marpincan on Dec 23, 2013 1:48pm
Picked up some more near todays lows. I suspect that tax loss selling has been having an impact on the price rescently and that we should get a bounce - time will tell. Base metals are in the dog house now but this could quickly change going forward. JMO
Comment by
estebancaballo on Dec 24, 2013 1:05am
The fact that base metals are so low shows that the recovery to date is bs....unless we see a real recovery these stocks will probably languish..... but I remain long term bullish on DM.
Comment by
estebancaballo on Dec 24, 2013 1:09am
Investors nowadays are the same as always....... they always wanted results and roil. They will get it with DM given time imho. In the meantime we get a great co. at a low price... imho.
Comment by
estebancaballo on Dec 24, 2013 1:10am
I mean results and ROI.....the stupid spell checker is always changing things!
Comment by
PetJ80 on Dec 24, 2013 11:46am
This post has been removed in accordance with Community Policy