Proactiveinvestors recommends
Additional Information
Market:ASX
Sector:General Mining
EPIC:DUO
Latest Price: 0.12  (0.00%)
52-week High:0.29
52-week Low:0.11
Market Cap:32.13M
1 year chart
digital-look imported chart image
1 day chart
digital-look imported chart image
Dourado Resources

Dourado Resources (ASX: DUO) is a Perth based exploration company that has been established to predominantly explore for deposits of gold, copper and uranium mineralisation.

Pdf

Dourado Resources 18% spike prompts ASX price and volume speeding ticket

Wednesday, August 31, 2011 by John Phillips
Dourado Resources 18% spike prompts ASX price and volume speeding ticket

Dourado Resources (ASX: DUO) has come onto the ASX radar and has received a price and volume 'please explain' after the company's shares spiked 18% to $0.235 in intra-day trade today, from $0.20 two days earlier.

Dourado said that the company is not aware of any material information that has not been disclosed, which may explain the sudden investor interest.

The company though did however note in a response back to the ASX:

'As announced previously on 5 August 2011, the company is holding a General Meeting of Shareholders on 7 September 2011 to conclude the acquisition of Anuman Holdings Pty Ltd but this transaction has been well documented.'

Anuman owns the rights to explore for minerals other than manganese and iron on a package of exploration tenements and applications situated 100 kilometres north east of Meekatharra.

The tenements adjoin the existing Dourado Mooloogool/Diamond Well Projects.

 

No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.