Wow! This is what I call a one-minute reaction! Who believes that Dundee didn't have that draft NR in hands days before release? That the mixture wasn't prepared and pre-cooked days ago... C'mon! This is a farce!

"We adjust our recommendation to NEUTRAL, Speculative Risk (from BUY, Speculative Risk) with a 12-month target price of C$1.40 (was C$2.90)"

...because...

"The Company has departed from its original project definition, which included initial direct shipping of high grade ore on a winter road with toll milling in northern Ontario, to a fully integrated mine-mill operation in the vicinity of the deposit"

...I see... But does this justify the brutal reversal ?!? New target price is 1.4!!! 1.4!? Nahhhh! I just do not understand. Why this quick and dead-aim turnback? Why now? Something is kind of weird here... Something is missing... Why not wait the "Q4-2010 News Flow Could be Positive" ?"..info

Hey! Have you read the last NRs?

GLTA.

BaBe.