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Diamonds North Resources Ltd V.DDN



TSXV:DDN - Post by User

Post by mewbuddyon Sep 14, 2012 11:57am
263 Views
Post# 20363723

interesting.

interesting.

highest volume since Feb 4 2011. the company still have around 1m cash after the debt. with a few gold projects. but the most advanced project is a diamond project in Amaruk. in Jan 2008 it spiked to 2 dollars for the diamond discovery.

it did a financing last year 16 cents but not this year. the management did a good job reserve cash so that they don't need to raise money at 5cents. according to the news from August it will have some grab result soon. and likely they will drill this year. it's JV partner UNR is trading 1 cent higher with similar share structure.

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