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looks interesting but chances are its a long term hold. they sure increased the o/s in the last month. from 500 million to 1.2 billion. still its a cheap price, if they get the mining & agribusiness going in mexico this yr & start making money it might do well for the pps. worth watching
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Is increasing the O/S a good thing? How do you read into that? I thought you didn't want alot of O/S to try and keep the PPS up. I am in this at .0007 for a couple mil.
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DFLR -- Announces Today Completion of Due Diligence on the Mining Concession Sulema No. 2, El Roasario, El Curra and La Currita Located in the Sierra Madre Mountains Within the State of Chihuahua, Mexico
SAN DIEGO, Calif., Dec 27, 2004 (PRIMEZONE via COMTEX) -- Diversified Financial Resources Corporation (DFLR) is a holding company, with operations in real estate and mining, trading under the stock symbol (OTCBB FLR). As announced by DFLR in our press release of November 18, 2004, DFLR was in the process of completing its due diligence for the acquisition of the mining concession rights to mineral interests known as Sulema No. 2, El Roasario, El Curra and La Currita located in the Sierra Madre Mountains within the State of Chihuahua, Mexico.
DFLR is pleased to announce today that on the 16th day of December 2004 the Concessionaire Minera Tres DE Mayo S.A. DE C.V., a Mexican Mining Company, has delivered to DFLR and their attorneys all requested due diligence documents to include filings, representations and warranties of said concessionaire.
Further, at this date DFLR is announcing that DFLR and their attorneys have reviewed verified and approved the due diligence.
The delivery and approval of the due diligence starts a four-month option term between the Concessionaire and DFLR. According to the agreement the option term requires a deposit of $300,000.00.
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There is a bigger chance of DFLR finding gold in Mexico than there is of CMKX finding diamonds. The fact is there is enough gold buried in Chihuahua to mantain the U.S. for 10 years
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THis thing is flying today! I haven;t even seen the video yet. Anyone got a transcript of the recent CEO interview or care to summarize? TIA Looks like a fun January coming up.
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I don't mean to pimp this but Traders Nation just mentioned DFLR at about 22 minutes into the show. Traders Nation is good exposure IMO.
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quote:Originally posted by Boletus: I don't mean to pimp this but Traders Nation just mentioned DFLR at about 22 minutes into the show. Traders Nation is good exposure IMO.
a$$holes that's what I hate about penny stocks... the bid ask doesn't mean much... it can all just change without any trades even going through to push it... the price is more MM controlled than actual orders....