Ipso, DRLY & NEYYF -- Can't blame you for wanting to bail on Doral, its been disappointing with all this "hurry up wait" routine. Not exactly sure why the stock has run up this time, since the news that is expected will be decidedly mixed. Yes, everything is looking like Doral has a deal with Pure Gas, and I really like what I've heard about them so far. But at the same time that Doral announces a definitive agreement for the merger they will be announcing a massive reverse split, perhaps as high as 1:100. Not sure but my hunch is that the latter will trump the former, at least for the rest of this month (i.e. while tax loss selling season is still here).
NiMin just got their amended 20F filing in with the SEC today, so it still looks like they should get on the OTCBB by year-end. The significance of that is that I'm pretty sure they would then be required to file a 10K for calendar '10, which would facilitate comparisons between NiMin and other US companies on such parameters as reserves, etc. Also, the sooner they get on the OTCBB the sooner all those institutions that can't buy TSE or PinkSheet stocks, can start loading up on the stock.
Good luck with your brother's well -- is a blast when you hit something good! |
