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
Post by vinniePon Mar 31, 2017 8:27am
97 Views
Post# 26056729

Anybody think

Anybody thinkwe will see any sort of bounce back with this? Obviously this is so frustrating. Management did such a poor job of, well, managing. Someone posted Marcy's "response" to the NR, which is AGAIN not on the company site. In is she referenced "not" doing a placement and/or financing as it would result in too much dillution. My thought on that is it you issue say 10 million shares to fund a drill campaign and pay some bills, you're probably going to be sitting somewhere where we are now. Her ploy on more than one occasion was to "bring value to shareholders", this is what sticks the most with me. Marcy ownes 2 million shares (unless she unloaded yesterday). Yes, this deal keeps money coming in for salaries but how does this benefit her shares let alone ours? I mean she still makes money yes as those shares are likely quite cheap, but that does absolutely no justice. I just don't understand. A lot of angry people here, I'm down 50% on this. Am I mad, not particularly, sad morw
than anything. This is the risk we take. I'd just like an honest take on whether is should take this BIG loss now or if holding for a day or two will let me salvage a little back and soften those losses. 
Please and thank you people.

vin
Bullboard Posts