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Dianor Resources Inc V.DOR



TSXV:DOR - Post by User

Bullboard Posts
Comment by assess1on Mar 29, 2006 5:16pm
399 Views
Post# 10585415

RE: Is the price as expected?

RE: Is the price as expected?The importance of todays release was the fact that the deposit continues to the east some 300m and at depth. In fact, ryder says it is over 1.5km to the east. Todays numbers substantially increases the size of the deposit from what Westwind projected by a factor of 2 to 4. This being the case, the mid range target on Dor should be north of $4. Todays price action is understandable. A lot of guys are making a bundle at these levels. And ofcourse there are new buyers coming on board looking to double their money from here as well. I suspect technically the close at the low is not that significant as the market was still up 15cents on the day. If the trading gap is not filled tomorrow then I would look for higher prices. If it is filled then look for backfilling down to the $1.70 area where I would load the boat!! This story is getting better as todays results are very bullish this early on in the process.
Bullboard Posts