DPMLF - Dundee Precious Metals Entering A New Phase Of Its Life Cycle
Dundee Precious Metals (OTCPK:DPMLF) is a poorly covered, unpopular stock. As I discussed in my previous articles, the company’s business model is a bit complicated. To remind my readers, apart from being a gold producer, Dundee owns a processing facility in Namibia called Tsumeb. For many years Tsumeb was a big liability for the company — to convert it into a profitable and environmentally friendly operation Dundee had to invest huge amounts of money. Now the upgrading process is finished and the smelter is no more a liability. What is important, the