Australian (ASX) Stock Market Forum

DIO - Dioro Exploration

Dioro exploration

Dioro latest assays look rather spectular! lots of activity whats going on??
 
Re: Dioro exploration

Hello Jollyfrog! Funny to find you here. I haven't seen any new results, but something is definately in the air. Positive review from Fat Prophets last night might be helping interest.
 
Hey all,
got on the dioro bandwagon yesterday after selling my crescent gold shares at a 30% profit. Not a bad gain after two weeks. I believe there is still considerable upside to the dioro share price. We may even see 12-13cents in a few weeks.
 
Now it's holding above .085c there is every possibility for it to go back to 13c. Any news on it's JV partner at Frogs Leg possibly selling will see the stock rocket. I think you've got in at a good price. Of course, time will tell.
 
I reckon it's a definite breakout above .08c on pretty consistant volume.
 
Well, it did break out for a day or so, before the May correction. LOL. Good pick kennas.

I'm still holding, waiting for Frogs Leg to come through with another resource upgrade after the current drill program is complete.

The last drilling report came out with some great intersections 120m outside the current resource envelope, so a decent resource upgrade is a monty. It's current resourse sits at around 900k oz au, with the current drilling hoping to add another 500k oz, but with the last results could be more.

Interesting chart with it ranging between $0.06 and $0.07 for a year. Hitting $0.06 right now, so I'm thinking of topping up, expecting $0.07 to be just down the track, probably on the next results.
 

Attachments

  • DIO.GIF
    DIO.GIF
    35.5 KB · Views: 680
Dioro (dio)

Wow! dio latest core drill results are looking pretty spectacular, 8 metres @28grams per ton, 1 metre@ 157.08! seems there a little bit of the yellow stuff in mist load, maybe they're finally going somewhere...... & not down!
Seems to be a few buyers are agreeing with me, any thoughts out there?
 
Re: Dioro (dio)

jollyfrog said:
Wow! dio latest core drill results are looking pretty spectacular, 8 metres @28grams per ton, 1 metre@ 157.08! seems there a little bit of the yellow stuff in mist load, maybe they're finally going somewhere...... & not down!
Seems to be a few buyers are agreeing with me, any thoughts out there?

I have lost patience and sold out. I'm concentrating on things with the potential for 2 m oz plus now. This is probably only going to be a 1 m - 1.5 m resource.
 
Sold out right at the bottom, on the 2 year base support line. :banghead: What was I thinking?

DIO really testing to push and stay through $0.07 again. Looks like it might be on it's way back to recent highs. Just a litle resistance ahead at $0.075.

Might be time to get on it again, and lose more money. :eek:
 

Attachments

  • DIO.gif
    DIO.gif
    35.3 KB · Views: 632
I'm having another crack at DIO.

Looks like a bit of a pennant on the up, now breaking. Trying to get some at $0.076.
 

Attachments

  • DIO.gif
    DIO.gif
    24.3 KB · Views: 614
hi folks
Nice little ann. late in the day with more intersections at Frogs legs . ( who thinks up these names ) and a good rise in SP too.
1 metre @ 42.72 grms
4 metres @ 65.48 grms
31 metres @ 9 grms
And an intention to announce the updated resource calculation .
Lots of resistance ahead but maybe this time a bust out :)
Cheers martin
 
up 8% on todays ann, is now at 8.6c so close to 9c high of may, i guess if it breaches that then will be looking pretty good,

ok gotta go to bed,

edit: ps can someone tell me what the yellow dots/circles on the last page of their ann are, ie, red lake, frddo, mud crab, etc

surely they r not drill sites as a number are outside any project area,
 
Current chart on this looking promising, breaking out of a sideways channel. The daily chart has volume confirming nicely .. (This is a weekly chart)
I don't hold (or have any spare trading money :( ) but a friend was interested in the tech/a on this so thought I'd post it here too. The "R"s mark probable resistance points. IMO, using the depth of the channel ... the first target will be approx 12.5c

Good luck to all those holding!
 

Attachments

  • DIO-jan-07.gif
    DIO-jan-07.gif
    12.2 KB · Views: 582
hi folks
Hope the trading halt is for the release of the drill results that is a decision from the company to go ahead with the frogs leg expl.
SRK was employed to do the estimates to JORC and they were due for ann. in Feb.
Here's hoping that there's money in those frogs legs :bowser:
 
OK
They are going to have a non renouncable issue of 1:3 at a price of 7.7c .
At the last trade it was 9.4 cents
Does this mean that the shares will now trade down to this level ?
Any help ?
Cheers martin
 
Yes, another 160m shares @ 7.7c will most likely put downward pressure on the sp, probably to about 8c or so?.
 
Nice to see Dioro bounced back again. I really interesting article in the "Resource Stocks" magazine has them tipped for a stella year!
 
Hi AK

From PM

The chart is daily yet the weekly looks reasonable for the Bulls too.

This is real rough and would be a pattern that I'd save to watchlist. I'm VERY FUSSY and look for patterns that from my perspective have a very good probability of a risk return ratio of 5 +.

That said I also love the power of big whites into new air so all the best with it.
 

Attachments

  • DIO - 20070405.gif
    DIO - 20070405.gif
    69 KB · Views: 395
Top