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Durango Resources Inc V.DGO

Alternate Symbol(s):  ATOXF

Durango Resources Inc. is a Canada-based natural resources company engaged in the acquisition and exploration of mineral properties. The Company is positioned for discovery with a 100% interest in a strategically located group of properties in the Windfall Lake and Troilus gold camps in the Abitibi region of Quebec, Canada. It holds approximately 9,500 hectares (ha) in the Windfall Lake exploration camp area located in the Urban Barry greenstone belt. Its Discovery Property is located approximately 100 kilometers (km) north of Chibougamau, Quebec, and is approximately 60 km southwest of the past producing Troilus Mine. Its Mayner's Fortune limestone property is located in the Skeena Mining Division approximately 7.5 km southwest of Terrace, B.C. and four km west of Lakelse Lake on Lakelse River. The Company's NMX East property is adjacent to the Whabouchi Lithium Deposit and Hydromet Plant Project. The Company's other properties include Decouverte claims and Trove claims.


TSXV:DGO - Post by User

Post by juneau103on Mar 08, 2021 9:58am
268 Views
Post# 32742304

Morning,

Morning, The two people I talked to are in corp offices of two other companies that are connected to may of the geos in the field at 3 different project sites.  the Geo's pass a lot of information along to each other, wanting to just stay in touch.

so what I got from one whom I have a great deal of trust in, is that the cores for sure looked very good, with minerilzation,  BUT CORES ARE NOT ASSAY'S!

Case in point, the first 4 holes at UGM looked very good, assays confirmed very little!

J 103   But this is early stage program for DGO, I think they have great real estate, but I am unclear if this is the right managment group, and I think many of us are now questioning a decission to spend $50,000 Cdn a month for "branding".  Whats needed is market making and volume.  No institution will want to play when they see 
no particular exit if they get in. On average daily volume needs to be 100k-200k to get junior and mid size funds interested......
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