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Dot Resources Ltd V.DOT



TSXV:DOT - Post by User

Comment by radar17on Dec 22, 2014 12:48pm
208 Views
Post# 23256356

RE:Some DD...

RE:Some DD...
What a load of codswallop! Virtually  all of that that was either entirely made up or totally irrelevant. Jim talks about a "deposit" - there IS NO DEPOSIT! And unless I missed a news release they still don't even have an agreement - they said it would come by end of Dec 2014. All they have is an MOU.

Your DD seems to have missed the fact that its been picked over since the 70's with absolutely nothing worth chasing! Unless you want to try pumping metal values measured in part per million!  Which I wouldn't put past you. Did you bother to read the part where they were basically offering 65K in shares and a committment of $100,000 in exploration expenditures (which they don't have)?

Did you "DD" point out that according to their most recent Financial Statements the company had Current Liabilities of $1,037,175 and in Cash they had ..... $685.00

You should ask yourself, how is this company even still trading? Go to the SH "News" section about and have a boo at their news history. But for the Paraguay joke, all of 2014 news was to do with them trying to complete their Financial Statements from 2013, and a Management Cease Trade Order. You have to go back to Feb 2013 (!) for a news release that has anything to do with exploration.

I'm not kidding - check for yourselves.

And Jim - its not Due Diligence -  IF YOU JUST MAKE IT UP!! Crikey man.
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