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Bullboard - Stock Discussion Forum Duluth Metals Ltd DULMF

GREY:DULMF - Post Discussion

Duluth Metals Ltd > DM on edisoninvestmentresearch.com
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Post by railwaze on Aug 29, 2014 5:20pm

DM on edisoninvestmentresearch.com

https://www.edisoninvestmentresearch.com/research/company/duluth-metals
Comment by estebancaballo on Aug 30, 2014 1:54pm
Thanks for the post. A fair review. I think the real problem here is that Anto needs money for development of their projects in SA and they can't do that and DM at the same time. So they are pulling back on DM but not pulling out...maybe hoping that another player will come in and finance the next step forward? The project itself has not changed and the PFS was no big surprise so the drop in ...more  
Comment by estebancaballo on Aug 30, 2014 1:56pm
For clarification, I should add that Anto is a partner in TMM and that they are still a 40% shareholder in that co. as far as I know. They are pulling back on the TMM investment but not pulling out of TMM. All imho.
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