Dundee Precious Metals Inc T.DPM

Anyone know why the weakness in this stock?

[jrj90620]

I can't figure this out.I know that gold and gold stocks haven't done well this year,but Dundee has done exceptionally well,compared to other miners and PE is about 5,indicating a return of 20%.They also have a low cost,so should be profitable even if gold declines.I guess I should just trust myself and ignore the market,or not.

[AlfTanner]

This stock is a great value at the current price.  It is priced for about $1600 gold.  If gold stays flat, this stock should do well.  If gold goes up, this stock should do extremely well. I think countries like Bulgaria and Namibia scare some investors away, but the gold that comes out of the ground is the same no matter what country it comes from. The market is also ignoring the

[jrj90620]

Motley Fool thinks DPM is cheap. https://www.fool.ca/2021/08/28/3-extremely-cheap-tsx-stocks-to-buy/

[HenryStewart]

 No news out of Ecuador as to how the permitting process is progressing.  In this case, No News is probably Bad News.

[jrj90620]

The Ecuador property has approval from the govt.The only problem is securing water rights.

[HenryStewart]

  Approval??  I'm calling B.S.....No approval, no nothing. Lots of gold in the ground and a bunch of F I's who want to milk the gummerment.....just like here in Canada. Approval a long process....