the basic issue with a take-over or even a jv is DGRI's CEO and financial condition.
the financial condition is such that potential take over groups and jv partners wonder if the company can survive and if it does not then they can get the properties even cheaper.
the newmont types need to know the share structure-possible dilution etc to know how much to pay. it does not help when DGRI suddenly issues more shares and probably the most signal in that is that they don't want to be taken over or management wants a special deal
ulimately we do not know what message Hollis is actually telling these companies-the public message is no we are not interested-what is the private message? that is probably the most important
DGRI has the properties to vault it the big time-had them for a year and yet shareholders have seen nothing but a 90% drop
very frustrating to average down- average down average down average-and now have nothing left to average down