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golfboy

04/14/14 8:37 AM

#1401 RE: wshaw14 #1400

Wayne are you going to e-mail him or should I

bhumiartha

04/14/14 12:27 PM

#1402 RE: wshaw14 #1400

Best way to deal with the game players is to move to a higher level exchange. Pretty sure they can do this, once production starts and they have actual revenue. That is the usual progression for juniors. By the end of the year, DWOG should be showing steady monthly cash flow from the pilot project. Most logical exchange for them to move to would the Toronto Stock Exchange Venture (TSX-V). There are many juniors on here. It will help by widening the pool of potential investors.
Right now, Canadians can't ask their broker to trade on over the counter stocks. Moving to TSX-V would let them get analyst coverage, and actually allow brokers to discuss the stock with potential investors. Under present Canadian investment rules, brokers can't even mention a stock like DWOG, and most brokerages are forbidden from accepting over the counter share certificates. A bigger investment pool will make it less easy for manipulators to play with the stock price.
Going by the Pan Orient release, if they are producing this summer, DWOG should start making plans to move to another exchange by the end of the year.