LC Had DMM.TO on my radar for a number of years. Yes that story /fundamentals are amazing relative to MC, but that local bureaucracy has kept everyone away from the shares. You say they are small enough to get more favorable tax treatment, probably right, thats also been true because their more the homeland mom and pop local friendly mine. As they get bigger they may fall to the 50% tax.
I was invited and attended the Equador afterglow at PDAC last year. I used to follow Dynasty closely, hoping to strike right before Equador made an official fair market for the mining companys. Was planning to ride the wave as they moved to a valuation that matched the fundamentals but gave up. I was thinking DMM is sandbagging, by producing just enough to keep things going, while building out the infrastructure, in hopes to put things in high gear when the time was right. Good luck, seriously Id like to see that company go. Id feel good just to know I was on the right path.
