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Please see Danny Deadlocks’ latest Tickertrack article including commentary on Dunnedin Ventures’ Kahuna Project below:Dunnedin Ventures (DVI.V 38 cents) – 1yr 660% Gain March 2016, I featured DVI at 5 cents (Diamonds: 5 cent DVI has exponential gain potential) and we have been very fortunate to see it produce a dramatic gain. My interest in …
Please see Danny Deadlocks’ latest Tickertrack article including commentary on Dunnedin Ventures’ Kahuna Project below:
Dunnedin Ventures (DVI.V 38 cents) – 1yr 660% Gain
March 2016, I featured DVI at 5 cents (Diamonds: 5 cent DVI has exponential gain potential) and we have been very fortunate to see it produce a dramatic gain.
My interest in the company diminished this winter but while I was in Vancouver a few weeks ago, I decided to meet with the CEO. I should have done this in Q4/16.
I was not giving the company enough credit for their gold potential. My focus was their diamond project and exploration potential in the Nunavut region. But when I walked away from that meeting I realized I had overlooked a far more compelling story.
It is hard to picture (because it seems ridiculously promotional), but this may be one of the only locations in the world where you can be mining gold at the same time you are mining diamonds – the geology is that bizarre. They have extensive proof where their large project hosts both diamonds and gold – on the same ground. Now they just need to prove the economics of it.
Their neighbor Agnico Eagle is currently spending over $1 Billion in Nunavut.
https://business.financialpost.
https://www.bnn.ca/video/
Dunnedin’s neighbor (5km away) is Agnico’s Meliadine project with 3.4 million ounces of gold grading 7.32 g/t and several more million ounces in the inferred category. NxGold (TSX-V: NXN) is exploring the Peter Lake project, also adjacent to Meliadine, and recently announced a $35+ million earn-in deal for a 70% interest in a 4,174 hectare (42 square kilometre) land package.
DVI’s market cap is approx. $30 million and next to Agnico they are the largest land holder in the region.
The DVI corporate presentation provides good due diligence and the $0.30’s still appears to offer attract risk/reward. Obviously, the risk is a lot higher than when we looked at it near 5 cents – but a LOT has transpired since that time.
https://www.dunnedinventures.
-Danny Deadlock,
Stockhouse, Ticker Trax
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Thank you for your attention,
Dunnedin IR
khenderson@dunnedinventures.
Direct: 604-646-8361