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Bullboard - Stock Discussion Forum Dianor Resources Inc V.DOR

TSXV:DOR - Post Discussion

Dianor Resources Inc > stock is over sold
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Post by brazil2 on Sep 22, 2011 4:53pm

stock is over sold

You are telling me that this is not the perfect time to buy in at this price when do you think it was when the price was above 2 buck (I waited till this day to buy in) that is for sure what this monkeys would tell you is buy high so they profit sell low because you are afraid heavy I wouldn't trust with a penny but  what we have here is worth giving a bet and lets say the company comes out tomorrow with something like we have secured funds or we have already started the bulk we don't know what the company is doing and then you going to buy at 50 cents because the pumper will be out?   the down side from here is low next to impossible and looks like we are due for some news I don't recommend this stock or any other but it looks like a good time to buy so I did!  Another thing when heavy says buy I sell when he says the company is going down I  buy he is a typical stock manipulator like most of these monkeys here
Comment by jake129 on Sep 22, 2011 6:26pm
Yup, your right
Comment by heavymonzy on Sep 22, 2011 9:05pm
Actually ... I don't think I expressed an opinion on being on either side of a trade at present. I did comment on some current financial pressures in light of capital pools and the tightened/closed access to them ... and am left wondering ... like everyone else ... how the company gets through this without having undertaken the share consolidation and obviously finding the 'sell' ...more  
Comment by pj on Sep 23, 2011 9:10am
So you think the leadbetter may be bought for 80 K....or maybe less LOL
Comment by heavymonzy on Sep 23, 2011 9:26am
Joe needs to be paid soon .... among other liabilities for the year ... so ... to answer your question ... 80 grand ... the number would be irrelevant ... the point was ... a valuable asset is lost and another entity picks it up for a song ... not even in the same realm of actual realize-able value.Dianor is staring that prospect down unless something huge takes place.
Comment by pj on Sep 23, 2011 9:33am
you've been up all night LOL.Go back to sleep, like your brain.
Comment by heavymonzy on Sep 23, 2011 2:56pm
Cash burn is a critical component when it comes to  survival.  Of the 2011 liabilities ... how much do you figure has been squared up to date and how much do you think needs to be squared up in the next 3 months?At 3 - 4.5 cents there is no prospect to access Kodiak cash ... a share consolidation would have been helpful to some degree to raise the cash required to mitigate the ...more  
Comment by bishop13 on Sep 23, 2011 6:07pm
Heavy you are obviously correct that no money means big trouble and there are major comittments that must be met and soon. If a payment was missed to TEC and an extension was granted, I do believe they would have to get permission to do so from the regulators and you know how long they take. If an extension was granted byTEC, I would suspect that TEC may be privy, in general ...more  
Comment by heavymonzy on Sep 23, 2011 7:00pm
Bishop ... to get the extension ... Dianor would have had to put up 2% of the commitment. Do you understand this to mean 2% of the $10 million?The agreement doesn't say anything about the regulators needing to approve any extension as the extension only applies to repayment and not extension to access of capital as far as I can tell.If the 2% applies to the aggregate of $10 million ... you ...more  
Comment by bishop13 on Sep 23, 2011 7:50pm
Heavy I have no idea if there is a penalty or not, or whether a filing is necessary for any extenstion, just commenting on your assumption that an extension was granted. Thanks for pointing out the ramifications of any extension... I wasn't aware of that.
Comment by heavymonzy on Sep 23, 2011 9:01pm
Bishop ... the 2% extension fee 'clause' is in the TEC agreement ... for investors to review. I seem to recall there being language included ... that states the borrowed TEC monies could be used to service the loan itself ... costs and such.You know TEC doesn't lose ... no matter what ... be it default ... be it loan repayment with interest ... or be it maturity date extension with 2 ...more  
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