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Durango Resources Inc V.DGO

Alternate Symbol(s):  ATOXF

Durango Resources Inc. is a Canada-based natural resources company engaged in the acquisition and exploration of mineral properties. The Company is positioned for discovery with a 100% interest in a strategically located group of properties in the Troilus gold camp and in the Windfall Lake gold camp in the Abitibi region of Quebec, Canada. It has 100% ownership of the Mayner’s Fortune claims in British Columbia. The Mayner’s Fortune limestone property is located in the Skeena Mining Division approximately 7.5 kilometers (km) southwest of Terrace, British Columbia. Its 100%-owned NMX East property is adjacent to the Whabouchi Lithium Deposit and Hydromet Plant Project. It owns land packages in the Babine copper-gold district of west-central British Columbia. The Company has a 100% interest in the Decouverte Property situated in Quebec. Its Discovery Property is located about 100 km north of Chibougamau, Quebec. It holds about 9,500 hectares in the Windfall Lake exploration camp area.


TSXV:DGO - Post by User

Bullboard Posts
Post by Desperado89on Apr 12, 2016 1:06pm
79 Views
Post# 24757182

How this will play out....

How this will play out....Amazing that 3 hours into trading over 5M shares have traded hands. Those that are in for the long haul are selling their shares and putting their money into the private placement as they get the warrants on top of the shares and don't care about the 4 month hold. Given the volume, I wouldn't be surprised if the PP is fully subscribed today. We will know for sure once the price passes $0.20 because that will mean that folks are no longer able to get the cheap PP shares and need to go to the market to load up. Hopefully this will happen today, if not, then likely tomorrow. With this kind of volume, had the PP not occurred today we probably would have been over $0.50. So we will have some catching up to do once the PP closes but I think it is doable. Good luck to all!
Bullboard Posts