Dundee Corp T.DC.A

Better off dead?

[TheCount11]

Hard to believe Dundee is trading below a buck with Common Share book value being $2.75. 

TauRx Pharmaceuticals Ltd. is being carried at $65,482,000 or $0.73 per share.

Even if Tau is a bust there is still $2 of equity.  How is this possible?  Hard to imagine that.  Is the stock being manipulated down to flush out retail? 
 

[jrj90620]

I think that too much nickel is the major negative for DC today.DC has 3 nickel stock holdings,SPC,Magna and Centuarus.Centuarus was the major loss producer,last quarter.But nickel may be near a bottom and DC has gold holdings,Tau and cash.

[TheCount11]

Exactly "DC has gold holdings, Tau and cash."  Own 16% of Reunion.  Gold.  New highs.  East draining physical.  We all know the paper gold market is, well, paper.