the problem, page-7

Half Full

I am of the same thinking as you and have been for some time. The vaccuum of information is to keep the company in the shadows away from other predator companies and to keep the price cheap for PDN when it finally presses the 'acquire' button. We must be due another share purchase plan in which share price could be manipulated in last week or two so mum and dad find it cheaper to acquire on market (read - not participate) and DYL mops up at a fixed price and without exerting any market pressure on price, thus not increasing their cost of acquisition and no brokerage. Beware the words 'management reserves the right to place unsubscribed shares'. Remember the last $0.50 SPP? It was certainly not for the money. They still have the majority of that in the bank.

The financial crisis may increase the length of the information vaccuum in DYL as PDN will find it harder (and / or at a much greater cost) to raise the required funds for total acquisition of their 'subsidiary' in this market and with the current U price (albeit increasing).

Every other junior U miner moves at a rapid pace not DYL. Why? Because PDN do not want or need them to. DYL misses at least two steps in the lifecycle from explorer to producer. Feasability for processing plant funding and construction of processing plant. And why? PDN knows it will acquire DYL and it has the plant.

cheers