DIO 0.00% $1.27 dioro exploration nl

avo extends for 1 wk and declares offer final, page-23

  1. 1,002 Posts.
    sally_will
    Wattle Dam is certainly an intriguing orebody. Given that most DIO shareholders, myself included, have been involved in the evolution of another spectacular discovery, namely Frogs Legs, I would be staggered if most shareholders didn't want to buy into this....afterall, this could turn into something really quite special, and what is investing in gold companies if it isn't backing a potential 10 bagger!!! And that the point, really, isn't it. Buying into AVO's miserly bid gives you limited upside with Trident/Higginsville (not that there isn't potential upside to both of them...BUT you only get limited leverage), whereas buying into RMS's bid gives you a really good crack at a second discovery with superb leverage to exploration success. Ironically, I don't see the risks of poor exploration success as being too disimilar in either RMS or AVO.
 
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