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Duluth Metals Ltd. (DM-T)
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(Market Call Minute.) Major operations in Minnesota. Platinum group metals based precious metals.
Sees this as a poly metallic mineral deposit that has a very, very complex metallurgical recovery strategy. He sees high front-end capital costs, which probably can’t be raised in this cycle. The deposit will go into production at some point in time, maybe 7 years from now, maybe 11.
(Market Call Minute.)
(Market Call Minute) Large PGM deposit in Minnesota.
They’ve got a massive copper/nickel plus PGM deposit in Minnesota that is being developed by their joint venture partner Antofagasta. Antofagasta has to spend $158 million on this and then take it to feasibility and Duluth is carried for 60%. Effectively you are getting the company for free and whatever else they’ve got going is your upside.
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Duluth Metals Ltd.(DM-T) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
Duluth Metals Ltd.(DM-T) Frequently Asked Questions
What is Duluth Metals Ltd. stock symbol?
Duluth Metals Ltd. is a OTC stock, trading under the symbol DM-T on the (). It is usually referred to as or DM-T
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Is Duluth Metals Ltd. worth watching?
In the last year, there was no coverage of Duluth Metals Ltd. published on Stockchase.
What is Duluth Metals Ltd. stock price?
On , Duluth Metals Ltd. (DM-T) stock closed at a price of $.
He bought it because they have a large, low grade copper/nickel deposit in Minnesota. They were expecting to find a high grade feeder, but did not after drilling, so he sold out of it. It is now all about getting the metallurgy to work and it is a complex system. It is advancing and they have a shot.