Dundee Corp T.DC.A

Slim and Trim ….Ready to Rumble

[nozzpack]

And a new business model focussed on mining operations that are  naturally accretive that upon being consolidated unlock substantial hidden value.

Gmin is an excellent example, consolidating two mining companies which has unlocked their latent value, in the process spinning out a very nice Junior , unlocking further value .

What will be their next big project , repeating the success of Gmin ?

They are now the controlling shareholder of Maritime Resources which has the only excess milling capacity in NL, a Deep water Port, an Aggregate partner with Panamax ore carriers , a collection of some of the best exploration projects in Canada including a world class Talc deposit with gold credits, 1 million ounces of gold and one of the highest grade open pit deposits in Canada which will begin production in about late 2025.

Fully permitted long life tailings facilities and lots of expansion space at its Point Rousse facility that is the basis of its Hub and Spoke Business model , its objective being to consolidate mining opportunities in NL that have gold resources .....over 2 million ounces stranded..but no milling capscity nor infrastructure to proceed to mining.

Maritime is a natural adjunct to Firefly metals ....$500 m market cap..an Australian mining Junior who acquired the Ming Copper mine near Maritime's Point Rousse mining Hub and will resume copper production as soon as its highly successful drilling program is completed.

A physical consolidation of Flys processing operations at a costly distance from its copper concentrate plant at Nugget Pond would be a natural move...Maritine also has a processing plant at Nugget Pobd

All ready it has arranged a deal with Maritime to use its Point Rousse Port for its copper concentrate business .....a full consolidation of all of its copper mining business at Point Rousse seems inevitable .

Plus it owns 70 % of 2.8 million ounce Pickle Crow Gold deposit in the Red Lake region of Ontario which it is now looking to monetize .
It also needs a TSX listing which Maritime has.

And a toling MOU with NFG for its Queensway high grade gold project.

Gold production is a natural offset to the cyclical nature of copper prices .....Maritime. Provides that offset..

So, imo, Fly and Maritime merge , consolidate their operations at Point Rousse and the  Ming copper mine, and form a mining entity with Copper and gold revenues exceeding $500 million , with plenty of room and resources to expand Maritime's Hub and Spoke business model to a $Billion annual revenues.

Pickle Crow is spun out , unlocking the value of that valuable asset.

Its the type of consolidation of accretive mining assets that Dundee has just pulled off with Gmin.

Hardly anyone has heard of Maritime yet , as it is just now emerging from years of silent accumulation of projects and assets including two gold mills.

Dundee controls the BOD and imo it's natural incentive is to accelerate consolidative moves that will unlock hundreds of millions in mining Resources.
FIrefly is fully cashed up , with $100 million in cash.

Dundee is now slim and trim and looking for its Gmin remake .

Whats there not to like..

AIMHO

I own Maritime and Dundee

[Macpoor]

Great post as always  Nozzpack! From here DC.A is holding firmly and the volume is quite pleasent!  I am almost  close  to change my name to Richmac! Cheers

[Catscratch]

Fully agree.  I like this new Dundee playbook. My guess is Maritime will be dealt within the next year or two. I can also see Magna and SPC (both Dundee investees) eventually combining.