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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 AuntiePennyon Mar 01, 2017 11:20am
110 Views
Post# 25912270

No mystery..

No mystery..1: DGO has a very small float. Therefore it swings wildly
2. There is almost certainly good news coming - the only question is how good
3: It had finished a normal correction and had become oversold and downright cheap considering the overall situation
4. Edward Vranic put out a call for 50 cents at 9:07 this morning
5. The daytraders who were in DGO had pulled their money out to play SJL. When SJL slowed down just after 10:00 those daytraders pulled out of SJL and jumped back into DGO.

This is all hindsight of course. But it's the nature of the business that we can only predict what a stock will do after it's already done it.
Bullboard Posts