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Dios Exploration Inc V.DOS

Alternate Symbol(s):  DIOSF

Dios Exploration Inc. is a Canada-based company, which is engaged in exploration of gold, diamond and lithium. Its properties include K2, AU 33, Clarkie, 33 Carats, East-Clarkie Lithium, Lithium33 Battery Metal and Nemiscau-Nord Lithium Battery Metal property. K2 project is engaged in gold, copper and silver mining. It has approximately 68 claims and over 35.9 square kilometers (sq.km) along the structure of the Opinaca River. The AU 33 project covers over 200 sq.km intersected by the Eastmain River, near the EM-1 hydroelectric generating station, approximately 350 km northeast of Matagami, in James Bay, QC. Clarkie, a project with gold potential, which is near Eastmain's Clearwater gold deposit and the Eleonore Newmont gold mine. 33 Carats is a gold and diamond prospecting project on the eastern part of the Eastmain River. The Nemiscau-Nord Lithium Battery Metal property consists of 164 claims for 9,274 hectares along the Pontax River, 15 km north of the Cree village of Nemaska.


TSXV:DOS - Post by User

Bullboard Posts
Post by phyzzleon Sep 26, 2014 5:17pm
140 Views
Post# 22975043

Financing

FinancingAccording to their last financials, DOS is down to their last $350,000. A decent drilling program will cost a fair bit more than that. What I'd like to see, is maybe a small flow-through at 10 to 15 cents sufficient to fund one program while not letting the dilution get out of hand. Encouraging results would then allow them to do the major refinancing, which they need so badly just to keep the lights on, at say ... 10mm shares at 50 cents. This would be enough to keep DOS alive for a few more years at least without destroying the currently attractive share structure.
Bullboard Posts