Dundee Corp T.DC.A

There must be more to the story....

[pierrelebel]

"Dundee announced today that, due to market conditions and evolving capital allocation priorities, it has made the decision to wind-down its investment banking efforts at this time. This change is effective immediately."

Makes little sense to me as the division was profitable according to Q3 resuls.

There is a lot of "stuff" Dundee could have sold in the last year that is not bringing any profit/cashflow and is not alligned with Dundee 2.0 (mining).

Time will tell but, in the meantime, I do not see the market jumping with joy following the announcement this morning

[Catscratch]

I think this is step in the right direction and in my opinion it never really made much sense to be both an investor and a investment banker.  Dundee Goodman Merchant Partners (investment banker) got dundee into some new investments but hasn't delivered positive earnigns or cash flow to the parent company over any extended period of time. My guess is that this suggests that Dundee Corp

[CBalardo]

I sold over half my position, I'm doing better directly  in Magna Mining, and  Ruenion. I do have another reason which may change my position in the future, but one of the big reasons is cash may be king soon. We may see a buying opportunity of a lifetime within the next 3 months. I have crunched some numbers and Dundee precious metals is looking very nice with cash on hand and

[Macpoor]

I learned my lesson, If I have money I will never invest in small companies.I love Agnico Eagle , Barrick .I want my $5.00 a share back  invested in DC.A and I will close Dundee's chapter book once and for all. But I know that getting back to $5.00 a share untill cows come home.

[CBalardo]

Your 100 % right I just decided to roll the dice on Reunion and Magna, I'm watching Atico closely too.  Barrick is a nice play, they are getting into copper now. I like Fortuna as well, but you have to admit there is no way the Fed is going to pivot and print money in this over inflated market. It only makes sense to wash out the week debted equities. Everything thing will go down in my