DKO 0.00% 5.6¢ dakota minerals limited

spp, page-8

  1. 1,218 Posts.
    good answer William.
    I just meant that ORO is like a lotto bet because without some new funds it will go into liquidation. Companies are like people, they need money (air) to survive.
    If the current fund raising attempt fails then bye bye $2K.
    As for a rise to $1 a share? That would really be the same odds as lotto. It has happened before as with Paladin (from $2 c to $10) and also FMS. How ever ORO would have to find the motherlode to be worth $1 with all the shares on issue. I bought in when there where just a few hundred million shares. No they are measured in billions. It seems unlikely the market cap will ever be worth billions of dollars - unless we are talking Zimbabwe like dollars.
    Spreading $20K around a dozen penny stocks might not be a bad move. You only need one to hit pay dirt. Interesting strategy.
 
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