DIO 0.00% $1.27 dioro exploration nl

go figure, page-14

  1. 1,664 Posts.
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    Hi All


    Another thing to keep in mind - last quarterly stated that in relation to Frogs Legs -

    "The joint venture is currently finalising a resource upgrade which is expected during the next quarter.
    This will be followed by a reserve upgrade to be completed early in the second half of 2009. The
    reserve upgrade, the first since December 2007, will incorporate the significant increases in resources
    during 2008 and improved mine designs and stoping techniques"

    Why would you sell now ? I don't feel like giving away upside for free !

    Cheers

    Baraka
 
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