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Bullboard - Stock Discussion Forum Duluth Metals Ltd DULMF

GREY:DULMF - Post Discussion

Duluth Metals Ltd > Management record
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Post by Nazarbaz on Oct 09, 2014 3:11am

Management record

is unblemished with any care for shareholders nterest.
Comment by MrJonathan on Oct 09, 2014 8:57am
This post has been removed in accordance with Community Policy
Comment by Nazarbaz on Oct 09, 2014 11:43am
Yes, largest shareholders are Anto and wallbridge. Anto has to many other issues to care about its investment in DM and Wallbridge management seem to have personal relations with management (they share offices as well). So management has freedom to continue its shareholder value destruction. They might raise money at 10c and payback Anto loan with 5c shares and them go ahead with a consolidation.
Comment by Nazarbaz on Oct 09, 2014 11:45am
Some people blame rocks. They don't understand that rock does not destroy shareholder value. Bad Board of direcors doeas.
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