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Diamonds North Resources Ltd V.DDN



TSXV:DDN - Post by User

Comment by romankoon Aug 17, 2010 11:16am
404 Views
Post# 17357245

RE: RE: RE: What happened to???

RE: RE: RE: What happened to???from my perspective the nickle has been "farmed out" - assuming the deposit is proved up, DDN will gain some revenue from it, even better, but most importantly, they're not having to shell out $ to drill the base metals and can now focus solely on the gold and the diamonds - they had a successful share offering, not 500 million shares, but enough to fund an enhancing drilling campaign this year, they diluted only to get what they needed, as a shareholder I appreciate that, I also like the fact that the company is focused on maximizing value on their claims, maybe they weren't initially looking for gold, but they found it and found it big. They've adjusted their focus appropriately, in fact, I think their timing might turn out to be perfectly ideal, they will be reporting juicy gold drill results late summer early fall, just as the price of gold resumes it's parabolic upward trajectory and our governments begin to crank up the printing presses yet again, it'll be a perfect storm, and what better way to ride it than as a DDN shareholder.
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