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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

Comment by SilverSamon Dec 17, 2024 12:50pm
48 Views
Post# 36366485

RE:RE:RE:air quality

RE:RE:RE:air qualityRonnie, they did put out a PR in September announcing that they had hired a strategic advisor to the company, so it could be that these drill cores were reviewed at his suggestion.  Everything here could be legitimate.  The problem is, how are they going to move forward on anything?  

As you have already stated, they likely have little or no cash, otherwise, all of these fabulous projects on their books would not be sitting around gathering dust all of these years.  They need someone who can strike up some deals, and maybe this new hire is the guy that can do it. 

But for now, as we can see from the charts, every time a bit of good news comes out, long-suffering shareholders who have been waiting for an opportunity to get out, sell their shares.  Once any shorts have covered their positions, the buying dries up, and the share price trickles back to where it started, and the entire cycle begins all over again.
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