Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 05, 2017 1:54pm
171 Views
Post# 25934031

RE:John Kaiser on Windfall

RE:John Kaiser on WindfallFirst, thanks a lot for the link Rocketred2015!

There is a lot of useful info in the podcast. I listened to it twice always asking myself if Kaiser analysis of Durango Windfall story is right. I am a newbie investor and from his comments I took a decision : do not put more money in DGO. There is more risk then I taught. But, I will not panic sell my shares (bought at 0.23$). He convinced me that the Windfall story is a perfect story for pump and dump schemes but not that it is the case for DGO.

There is 3 offers on the table. You might have friends that are ready to help you in your pump and dump strategy, but 3 offers is a lot of pump (and a lot of friends). And if Durango management is involved in the plot, if there is one, I do not think that they would have pushed it to the point of adopting an advance notice policy. It is not impossible that Durango have been targeted from a large and well organized group of stock pumpers and dumpers and are currently just a victim, but I do not think so. This would have been too big. Too big for such a small stock.

Here is what I think : yes, Durango is a struggling junior, and it might be why Durango was willing to take some initiative linked to the marijuana industry, but I think that it does not make Durango a fraudulent company. Sometimes in life there is luck. Durango is currently just very very lucky to possess Trove property at the center of Beaufield and Osisko Windfall areas, be at the right place right time. Do they deserve this on their expertise and analysis of Winfall area potential? I do not know. But it does not matter a lot right now.


Bullboard Posts