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Dianor Resources Inc V.DOR



TSXV:DOR - Post by User

Bullboard Posts
Comment by alwaysbrokeon Dec 01, 2007 11:09pm
295 Views
Post# 13902074

RE: Please offer your thoughts as to what...

RE: Please offer your thoughts as to what...Bishop, thanks for responding. Is it not possible for DOR to take part in an agressive share buyback plan that would take the sp back up to where needed to support some form of equity financing? At these prices, how much would it cost to aquire 5 or 10 million shares? Is it even legal for them to perform this on the open market? Would this work? Even if theoretically and legally possible, would Westwind sabotage the effort since it's possible that they still own as many shares of DOR as Sentry...if not more...and they were selling into new lows late yesterday afternoon. I don't understand what Westwind has to gain. With the millions and millions of shares I believe they still own, it appears to me, Westwind is only screwing themselves. But how this type of thing appears to me and what's possibly really going on are two different things...possibly, someone with a better understanding can explain Westwind's actions. I don't think a buyback program is in the works...just throwing something out there...otherwise, DOR would have taken cash from Threegold rather than equity...right? As Bishop pointed out, a partnership sounds more and more the direction the company is heading. Brian
Bullboard Posts