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Bullboard - Stock Discussion Forum Duluth Metals Ltd DULMF

GREY:DULMF - Post Discussion

Duluth Metals Ltd > Pickin the bottom
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Post by redmetal on Apr 08, 2014 1:00am

Pickin the bottom

Reds been pickin and hoping this is the bottom. CEO of Anto thinks the same for Copper, good luck. andeel 30 cents good luck, I bet you are buying at this price.
Article
Comment by oceaneleven on Apr 08, 2014 7:38am
Antofagasta: Copper price may have found a bottom Stories You Might Like 8 ways to derail your retirement 5 ways to save money on your wedding Housing pain could halt stocks’ gain 0 Comments  ...more  
Comment by rationalinvest on Apr 08, 2014 10:12am
The most important part of this article is the possible corporate tax hike in Chile from 20% to 25%. This hike would have the following consequences, both positive to Duluth: TMM (Twin Metals Min.), as Anto's most advanced (and at this point basically sole) non-Chile project, wil move upward in the relative after-tax IRR ranking of Anto's expansion projects. Only a few more ...more  
Comment by estebancaballo on Apr 08, 2014 12:24pm
Very true R but the fact that Anto has come out and stated that they see a bottom in copper is also very important for DM. This could the turning point for DM. If there is one company with I think could have a truly stellar performance ahead of it in coming years it is DM. I have lightened my position during the current doldrums and am now considering getting back in with both feet.... maybe a bit ...more  
Comment by oceaneleven on Apr 09, 2014 10:19am
it's almost time for me to return as a shareholder here once again...I just want to see a positve move up before I jump back in.........bottom fishing don't always work out well.............where as catching it on the way up seems to work out well............
Comment by estebancaballo on Apr 09, 2014 10:46am
What do you see as the timeline here O? They need to get the various reports filed before then next possible share purchase from Anto, right?
Comment by oceaneleven on Apr 09, 2014 12:42pm
For timelines I have no idea..........I was caught by surprise with the release of updated RE....It came before spring....so maybe the PFS will come early too....they stated mid year .......and it's way over due from original time frame so who knows...but if you look at the Duluth chart, we are coming off the low but could revisit or we could just see sp rise very slowly due to investors ...more  
Comment by estebancaballo on Apr 10, 2014 12:05am
Thanks O. I still have a significant but not large position in dm but I will wait also as I don't see any catalyst right now. I remain very positive about dm and hope that they can move forward more quickly... my guess is that we are still years away from a major move forward. Hope I am wrong.
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