i want to buy small cap gold stocks, page-7

Hi PA,

Firstly, I am just a mug punter, however I had until last week been looking for something pretty much the same as you are trying to find.

Although I had been watching them for a while, I decided to jump into DIO last Thursday at 33c.....they opened at 26c on Friday (!!!) and closed out the day at 32c.

A little hedging, I think 35,000 ounces at about 1032 AUD and are expected to be producing 90,000+ ounces a year as of next year. Note, they are already producing....last 3 months of this year supposedly on target to produce 9,000 ounces/month.

Anyway, their is quite a bit of info on their website under independent (???) reports.

I agree with ADW though in so far that the biggies NCM, LGL and SGX (watch SGX fly Monday) will give you the best bang for your buck at first. However if gold heads were the bulls are saying, that is, northwards of 1000 USD and above, expect producing juniors like DIO to be re-rated big time!!!!

I just wish I had more moola.

DIO do not have options but I have just noticed they have a warrant (dio.az)....but can not seem to get a quote, so I am not sure what the story is there.

All the best.

K-Man