DIO 0.00% $1.27 dioro exploration nl

Update on Frog`s Leg North Drilling Program, page-9

  1. 1,978 Posts.
    B2 -Gindalbie might be a great little company but as someone correctly pointed out on this forum a few weeks ago they don't have much of a reserve base and lots of blue sky.After 40 years in the gold game I can confidently tell you that their geology is definitely not in the same league as the Kundana type high grade settings -which you correctly allude to with TBR. That entire area still has incredible potential and only the surface has been scratched.

    I would not call Scuddles an elephant -more like a little tiger. And who wants base metals at the moment.

    I doubt SBM will unload DIO -and even then it would be at the right price presumably. But even smart operators like Miller get squeezed at times -so it is always a possibility I guess. Now I wonder how Cogema are travelling too -I would like to see DIO take them out if they were ever under stress internationally.
 
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