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Bullboard - Stock Discussion Forum Diaz Resources Ltd V.DZR

TSXV:DZR - Post Discussion

Diaz Resources Ltd > Break-up Value
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Post by LAG4 on May 14, 2011 6:31pm

Break-up Value

Any guesses out there as to what the break-up value of DZR could be?
This Shaunavan holding looks like it could posible be worth 10 cents/share alone?
What else do they have of value?

Diaz holds an interest in 14 1/2 sections of land on the developing Shaunavon trend in southwest Saskatchewan, two of which (Diaz 80% WI) are immediately adjacent to lands that received bids of $1.0 million per section ($4,018/hectare) at the sale. Held in brokers' names, the Diaz leases were acquired in 2009 and 2010 as part of the company's early-entry land strategy in the area.

Regards
LAG

Comment by bluespruce on May 15, 2011 12:50am
nav of the company as of last financials about .35/share without the land value  Maybe this will get Bob, Tony and co. off the couch and into the office.   What would they do without the dzr atm machine.  Oh ya I forgot, they have a humbolt atm machine.  Interesting to know what non arms length huimbolt share holders thinK of this deal.  What happens to the co ...more  
Comment by Iamwcw on May 17, 2011 6:13pm
This post has been removed in accordance with Community Policy
Comment by brit on Jul 19, 2011 5:23pm
Sorry you left, lamwcw.  Had you been patient for just another month you'd have felt a lot better.Looks like Bob has finally got his ducks in a row.  Now let's see what he can do with them.Cheers,Brit
Comment by rockhounddog on Jul 19, 2011 6:42pm
.45 to .50 by my calculations. Rock bottom break up value. On top of that they have a NCIB which allows them to buy up to 4.5 million shares on the open market. For a company to be owned by insiders to this degree and to want to buy more of their own shares indicates something is cooking.
Comment by Iamwcw on Jul 19, 2011 10:14pm
This post has been removed in accordance with Community Policy
Comment by cantkillme on Jul 19, 2011 10:26pm
.......so then you sold in March ? ...........thats the last time it hit .13..........so my question is why are you even here ?......to save us from sure annihilation ?......or just to spread your bitterness ?........I asked a serious question......and you gave no logical or helpful assistance...........bye now............"CLICK"
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