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Diamond Frank Exploration Inc V.DOD



TSXV:DOD - Post by User

Comment by Reduce84on Dec 27, 2010 12:43pm
251 Views
Post# 17897083

RE: still holding strong

RE: still holding strong

they completed another financing on the 24 of dec. some flow through shares. would imagine that it is for close hands to use as a tax write off. stock convertible into common shares, put when valuing the tax benifits the shares are worthless.

no insider trading, market depth looking in favor of an upwards movement. their balance sheet looks great with no debt and plenty of cash to last a few more years at the current burn rate.

what is the relationship betwnee TYP and DOD? TYP has DOD's CEO listed as an insider and recentl converted their shares.

This may be one of those stories were DOD shareholders benifit if TYP rallies.  Strong buy on an further dips.

ReduceCo2    

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