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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 muchogustoon Mar 21, 2018 7:40am
155 Views
Post# 27751594

Good News for DGO by BTR...

Good News for DGO by BTR...
Hey, yesterday BTR released drill results. Care about it? YES, because there are exceptional results, including the South Zone. This South Zone is important for us, because it is about the trend into the TROVE area, isn't? Please correct me, if I am wrong.

Date released yesterday:

Highlights and Observations: Hole BA-18-04 intersected 16.9 g/t Au over 6.5 m at the Main Zone and 14.1 g/t Au over 1.5 m at the South Zone. To date, continuity of mineralization is now confirmed over a total drilled strike length on at least four horizons (North, Footwall, Main and South) of 1,200 m, as well as a drilled depth of 1,000+ m

This should be another hint, that BTR is Holding on to the Trove Agreement IMHO.

By the way...we thought about the financials of DGO in April, in summary:

1,550,000$ (April2018 - should BTR holding on to the contract) ?

We supposed cash by selling the BTR Shares at 0,40$...with this good News BTR share Price is now at 0,57$...so let's add 150,000$ by taking 0,50$..

Please do your own DD, but IMHO DGO is a "Little bit" undervalued ;-)

GLTA and take care
Bullboard Posts