DUO dourado resources limited

Time to buy more!

  1. 12,115 Posts.
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    I think time to start to new thread for those who think DUO is a winner!

    Below cash backing, 400 odd m shares on issue. Capital raised at 1c and 3m which is almost 66% of todays price. Very liquid which means I can buy as many as I wish.
    However, you need to decide whether you are happy to take another 20% paper loss for a day or two. After that its just a wait game to sit and relax. It can be next ITT, LAT or WSR. If the aquisition is average (which I highly doubt as people have given them money for some reason) it has already hit the bottom. Risk v reward is extremely good.

    oh well, lets see how long we have to wait before the seller is done.

    Cheers
 
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