DUO 0.00% 0.9¢ dourado resources limited

gold rush & rare earth , page-2

  1. 748 Posts.
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    In my opinion, there seem to be a number of pro's and con's with this stock and i suppose it is a personal decision as to which case is stronger. from what i see:

    pro's:
    very large acerage near and next to current proven resources.
    limited exploration done on their tenanments (this is also a con!) so potential upside is massive
    enough money in the bank (short-term) to fund exploration

    con's:
    management's past history
    limited exploration done
    just issued heaps more shares and options. assuming all options are exercised in 3yrs time the # of shares on issue is 0.5billion - to put this in perspective that is a share price of $2 for DUO (based on a $1m market cap like SFR) with a 'Degrussa' find - which was called 'once in a lifetime'.

    I'm sure others will have plenty more in both camps.
 
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Currently unlisted public company.

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