Durango Resources Inc V.DGO

air quality

[RottenRonnie7]

hmmm, i smell something in the air....sorta seems like it might be a financing.  has that tenor to it....if anything from this NR that's between the lines....they need cash to do just about anything.  but certainly nice to see some movement and shake the dust off the mouldy share base.  here we go...RR

[Goldprince]

I am not sure i get it.... no news of drilling or any work recently and this pops up.... Are those results from previous drilling?  like 1 year ago? is there some rules that they can't retain results hiden once they get it? there is something really suspicious with it...

[RottenRonnie7]

not quite sure what is happening here either, a quick look on their website, they did announce 810M drill program(from last winter) that came out in March24.  appears they only assayed part of it, not even considering other things but Li.  i assume, they did not have the $$$ for further analysis or anymore holes(drill program of 4?)....also what i meant by the 'financing'

[SilverSam]

This company has some really great assets (see the list), but management has never been able to execute on anything.  Could they not have sold one or more of these assets for cash in the past, or have found a joint partner to develop one?  It leaves me wondering if perhaps they might be selling into this rally.  As I type this, we are back done to 0.05 cents, with a bid of 0.045

[Goldprince]

News from november 1st: Durango also announces the grant of 2,200,000 stock options to consultants, directors and officers which are exercisable at $0.05 for a period of three years from the date of grant, expiring November 1, 2027, and the cancellation of 350,000 options that were exercisable at $0.10 and $0.125 to a former consultant. If they had those results in hand at that time

[SilverSam]

Ronnie, 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

[eddy0505]

Reassay of diamond  drill cores for rare  critical metals  -   https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2619-tsx-venture/dgo/172294-durango-reports-107-68-meters-of-38-85-gpt-gallium-701-gpt-rubidium-24-98-gpt-cesium-and-3-61-gpt-thallium-from-surface-in-diamond-drilling-at-nmx-east-critical-metals-project.html  

[Habsrule1]

If you read the release it breaks it down very simply, they where not looking for this in the past, but with the recent geo political environment they had a second look and found out they don't need gold, they need gallium!!