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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
Comment by TomKCamon Mar 02, 2017 1:37pm
80 Views
Post# 25920948

RE:RE:RE:RE:RE:RE:RE:RE:Insiders

RE:RE:RE:RE:RE:RE:RE:RE:InsidersShe sold these shares from indirect ownership, probably from Steveston Finance Inc. I, of course, do not know why she sold them that day, but I do not think she did it because the offer is low. With this sale, she did around 70000$. This is not a lot of money. I am sure she expects way more than that from her Durango management and ownership. In a couple of days, this story will be disclosed and she will have to continue her ceo work at Durango. She cannot just bet her (and Durango) future and credibility for 70000$.

I think that she and her team is currently overwhelmed by the last week events. They were not well prepared for that and maybe she tought that her indirect ownership sale would only be public after a deal. Maybe there was a bit of panick in the move.

Like I said, I think they were not well prepared for the Windfall Gold Camp Property offer. I mean from a financial point-of-view. They surely had to find financial and law expertise to evaluate the offers, that is why after a few days they adopted an advance notice policy.

But where are they now? And where are the Windfall Gold Camp Property money?
Bullboard Posts