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Bullboard - Stock Discussion Forum Dianor Resources Inc V.DOR

TSXV:DOR - Post Discussion

Dianor Resources Inc > Time to call a 'special' meeting ...
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Post by heavymonzy on Nov 25, 2011 8:41pm

Time to call a 'special' meeting ...

... to get a share consolidation approved in order for the company to be better positioned for a financing.
Now that it appears that the 'control'  and/or consolidation clause is a non-issue ... other than in employment contracts (which would have to be waived to get shareholder approval) ... roll it back by 10-15 and take a crack at a finance under the new structure.
 Does Joe's 'consideration' impact such a direction ?
Comment by bishop13 on Nov 25, 2011 10:02pm
Heavy, are you in or out ? Are you more in than out, or are you more out than in? For the rest of you, or at least to the one's that are in, hang in there. No matter how bad it looks, hard work, dogged determination and a valuable resource will pay off. If there was no hope it would have rolled back months ago.
Comment by cicerelli on Nov 25, 2011 11:20pm
I'm still in. I don't like it, but, I'm still in.
Comment by faithfull2 on Nov 26, 2011 9:30am
I agree Bish...it'll come, however, I would not rule out a reverse split, maybe not in the immediate future...but if we continue like this.......I hope not but I will role with it regardless. Think of it this way, with the stock price so low it is a good time to average down and build, build, build. Chin up men! GLTA!F2
Comment by pj on Nov 26, 2011 9:48am
heavy is 'werkin it'.........he pumps CNY and bashes DOR......LOL...it is pretty obvious to me, at least........always do your own DD
Comment by gmazerolle on Nov 26, 2011 10:55am
Just want to Second Bishops Vote The deposit is still there as is John - working his heart out.I am not in Nova Scotia any more but that line of contacts is not really important - anything of information value is generated out of the company - developments will happen news wise all at once so to speak out of ValD'ore.I feel this is the last time we see 2.5 cents but I have no reason - the ...more  
Comment by heavymonzy on Nov 27, 2011 1:05am
Bishop ... I will support the company in a share restructure proposal.I don't see it as being  'the end' ... rather ... a renewed effort.I would have supported the restructure at the last AGM ... it wasn't on the docket.I'm sure you would agree that nobody hoped a TEC default would take place .... but it did  and TEC cash is done ... no DMS plant coming by those means ...more  
Comment by bishop13 on Nov 27, 2011 10:11am
Heavy, you know I don't really care whether you are an investor or not, although I can't imagine that you are. My post was for those that think there is no hope, other than a restructuring at this time and to try and trust Ryder's judgement to move the project forward. As you have pointed out, with great detail, the financial situation looks extremely dire and quickly coming ...more  
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