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Bullboard - Stock Discussion Forum Duluth Metals Ltd DULMF

GREY:DULMF - Post Discussion

Duluth Metals Ltd > Still no PFS
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Post by redmetal on Aug 08, 2014 10:50am

Still no PFS

They told everybody it would be out by now. Dont be surprised to see it released today after the market closes. What a joke and to think I had such high hopes for this company a few years ago.
Comment by oceaneleven on Aug 08, 2014 11:13am
I hear you Redmetal.........but sometimes deadlines for things such as PFS are missed for certain reasons....possibly good ones..........although the sp speaks not...........this is a huge massive low grade deposit with many metals that will be needed in future.........
Comment by redmetal on Aug 08, 2014 11:21am
My guess is that the poor recovery of precious metals that was supposed to make this an economically robust project is the reason for this disaster. Its all about the metallurgy. I hope I am proved wrong.
Comment by yoda2 on Aug 08, 2014 12:16pm
Redmetal  I agree strongly with your comment  "  I hope I am proved wrong." there appears to have been too many Rah-rah promoting comments on this board and not enough of the balancing/questioning comments often labeled as negative The stock promoters on this board may have hurt a lot of the buyers of DM stock.  
Comment by DearBear6 on Aug 08, 2014 8:22pm
Redmetal was not always balanced. He's used to be more of a chearleader and somewhat insulting to me for taking a more negative approach to this stock back at $1.5 when I sold for a loss. Sometimes I hold stocks and often post reasons why the stock should not be owned to see if anyone can prove me wrong. If they can't, then I might sell. I agree with Redmetals disgust in the management ...more  
Comment by rationalinvest on Aug 08, 2014 3:12pm
Maybe DM is trying to modify some things, some output scenarios now they're in charge of TMM. Might take some time. PFS was and still is key, but indeed, it looks quite pale all of a sudden. DM needs a good PFS, they will raise money soon again. If the stock goes down, it will diluted very rapidly given that there also is Anto loan conversion to shares. I cannot imagine a buyback - only if ...more  
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