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Dia Bras Exploration Inc V.DIB



TSXV:DIB - Post by User

Comment by OilSandSamon Mar 12, 2010 2:46pm
462 Views
Post# 16877323

RE: RE: You can look here...

RE: RE: You can look here...Yes. The warrants are mostly concentrated with Arias.  If exercised it gives them about 60% ownership of the shares out.  Not exercised, the percentage is around 50%. As far as what property you like, that would depend on what element you are most confident in. I like precious metals, so yes, I like Cusi for the silver. However, I like Bolivar because it is providing cash for exploration which is estimated to be around 6.5 million this year and really, in times like these, you could also see great appreciation in base metal prices due to possible currency failures. I also like Bolivar for the potential of finding a commercially viable gold deposit now that the Reyna acreage has been added to it. The trend that runs through the area has allowed for some significant discoveries such as Goldcorps gig just to the south east. I like pilot mining…Silvercorp had great success using that business model in China and made a lot of people money. It's hard to argue making money whilst proving up your claims. Just my thoughts.
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