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Am with you Crabs, all the way. The combination of Toronto listing and consolidation has turned out to be a complete disaster. From $2.60 to $0.34 tonight... Nothing left to consider selling.

And FP continues to promote it - in tonight's newsletter - extract below ...

Dioro Exploration has been belted from pillar to post by the market, yet diligently continues with a high level of development work that will see it achieve positive cash flow status early in 2009. We would have obviously liked to have seen positive returns sooner, but rising costs within the Australian gold sector, particularly for diesel fuel, have put pressure on all gold companies. None are immune. Dioro’s fundamental premise however remains sound: a solid resource base with no hedging, and a big ground package in the heart of Australia’s biggest gold belt.

.................. Disappointingly, Dioro failed to sustain a rally in May that lifted the stock to a high of $1.37. Subsequent weakness has seen an extension of the underlying downward trend with prices reaching a 33 cents this week. As visible on the weekly chart, this is an all-time low for the stock.

.............. The company had cash reserves of just under $11 million as at the date of its last quarterly on 31 May 2008, and currently has no debt or hedging. We understand the company is looking to establish a $10 million debt facility to provide working capital for the completion of development work at South Kal and Frog’s Leg, with an announcement anticipated this week.