Dundee Corp T.DC.P.B

Let’s see if Jonathan puts his money where his mouth is,

[CBalardo]

Share buy back plan was to take advantage of weak hands. Well now is your chance

[Catscratch]

We should find out in the next couple of weeks whether they bought any stock in August.   Hopefully their cash is focused solely on share buybacks and the development of Borborema with Aura.  Everything else seems like a distraction.  

[Macpoor]

Would you please explain more about Borborema? Why do you think Borborema is so important to us?  Thank you Catscratch

[Catscratch]

I would just rather see them spend our cash on buybacks and Borborema as opposed to new minining investments.  Borborema should distribute cash if the mine is built as opposed to a small mining pubco which may reinvest cash back into the next project.  Also the Big River pubco costs should fall away with the Aura/Dundee privatization. If Aura's acquistion of Big River goes ahead

[Macpoor]

Beautifully explained Cats! Thank you so much for bringing so much lights in this board. I was checking the news on Aura . The share holders of  Big River approved the deal as of Sept 02. I also see the share of Aura is trading around 6 or 7 dollars . So it is not a inni minni company! Catscratch , I am not sure if you ever or anyone on this board send an email to Dundee team. I have done

[Catscratch]

I think Jim sold his position.  My guess is that he wasn't happy with the company allocating capital towards new mining investments vs. share buybacks and probably got impatient with progress on assets sales 

[jrj90620]

Jim Roumell wrote a very positive article on Dundee Precious Metals at Seeking Alpha.DPM was Jonathan's claim to fame.Don't know if he will do as well with DC. https://seekingalpha.com/article/4526374-dundee-precious-metals-extraordinary-value-opportunity

[Macpoor]

jrj, he did back in 2018 and that was the reason he got into DDJF But he was disappointed with Johathan investing in these little minning companies. As Cats mentioned Jim is no longer in the pictures. That guy paid around $2,00 US for each shares. Since 2018 DDEJF has not even touched $1.50.