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Diamonds North Resources Ltd V.DDN



TSXV:DDN - Post by User

Comment by InDaMoneyon Dec 15, 2010 4:08pm
262 Views
Post# 17852162

RE: RE: RE: RE: RE: RE: GONG SHOW!!!!

RE: RE: RE: RE: RE: RE: GONG SHOW!!!!Romanko...

How these jr placements usually work is the price is pushed down then a financing comes in above the deflated trading price.. for example they push it down to .16-.17 then finance at $.20

I have no idea if that is what's going on here.. I simply suspect it because its how this game is usally played.

As for the last chance to move the stock this year.. its mid december..   if you mean until the drills start turning again..  well.. maybe..  but its likely there is a partnership going to materialize for their three primary 100% owned properties.. at least that's what I think will happen..

I'm a little frustrated they aren't poking more holes in the ground myself.. but I know how those sort of broad drill programs dillute shareholders. It comes down to whether or not you believe in management... I have gone on over what they're doing.. their philosophy.. their experience etc and i personally have bought into the company's way of going about this..  I believe they are properly finding and charting the indicator mineral train and using the resulting charts as an effective tool in choosing their targets.

Would be nice to see more drilling and prospecting.. its like anticipating a present..  but more of nothing is still nothing..  wasted drill holes don't drive the stock..  at best they disqualify a perspective target.. if management feels they can do that using the methods employed.. then that's what shareholders are buying into.

I believe in management's abilities.. I'd use the word trust.. but the reality is I'd never fully trust any management team.. I'll always pick apart what they say and do... dissect it.. etc etc.

We shall see..

Take Care!

InDaMoney :-)


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