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Dianor Resources Inc V.DOR



TSXV:DOR - Post by User

Bullboard Posts
Post by drdiabloon Mar 03, 2010 12:52pm
401 Views
Post# 16838668

Standing aside for now

Standing aside for nowI was pleased to read that DOR has found a funding source that will enable them to advance their project.  I remain positive about the Company and its projects.  However, this good news is unlikely to jack up the SP in the short term.  As I read the NR, DOR could be issuing over 400 million shares to Kodiak.  That kind of dilution does not attract buyers.  I am therefore standing aside for now, cashing out with a modest profit.  I wish luck to all longs.  I may buy back in when results promise to lift the SP or when diamond demand becomes a rising tide that lifts all boats.

I'd be interested to know what other diamond explorers people are following.  I had a splendid return on SWY when I bought between .10 and .20, and would like to repeat that success.
Bullboard Posts