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DJI A new beginning
Re: DJI A new beginning
Yes, it may have bottomed out but could still be available under .10 a little longer. Dajin should be among the ones who will survive this recession. They seem to have good control of their spending and a CEO that buys regularly (INK Research to Oct 24). There's a new set of videos at http://www.youtube.com/DajinResourcesCorp that shows Dajin's projects. Worth a good look. The right type of IR, imo. With low volume, we may hit .06 again if someone decides to dump or whatever... All in all, looking 'pretty good', as you said. wm
Re: DJI A new beginning
Unfortunately I think you are right willmr. Today was very interesting. I think the share price is bottoming out. 5,000 shares trade and the bids jump up 60%. Pretty good sign, no?
Re: DJI A new beginning
When..., You're right about the pictures. Last year's zinc didn't do much for the SP. It's a disappointment to see both BID and ASK under .10 with such a potential but recession or even depression taken in account, Dajin's price is very disappointing. I'll wait for results and hope but it's getting closer to hope for a miracle than just hope for good results! wm
Re: DJI A new beginning
DJI is one of the stocks I'm gong to be watching very closely now that we are in a true recession and potential depression. I like their assets but know they are cash strapped and have no market support. Remember, a company can only do one financing in its lifetime below a dime.
Re: DJI A new beginning
willmr what pictures are you talking about? The drill core? It's hard to tell from pictures exactly what they have anyway. Don't fret over it to much. Wait for results to come in.
Re: DJI A new beginning
I wasn't aware of a 43-101 due. I presumed a 43-101 is already there as a necessity to be on the TSX.V. I'm sure anyone at the company could answer your question better than I could. Contacts on www.dajin.ca are many. Why not call toll free, the IR man, Mark C.? If I hear anything, I'll post. wm
Re: DJI A new beginning
Had a good look at the pictures. It does look impressive but my lack of knowledge shows. I cannot tell if it is really good or not. However, Dajin never shies away from showing what they do. Let's hope October brings super results. wm
Re: DJI A new beginning
...but the news is good. Will look at the pictures later on. Good volume and Dajin moving up even with 'sellers" Monday will tell if this TSX is a flare up or solid gain. Personally, and I'm sure many in my situation, it was long overdue... wm
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Still the same Dajin but very much reinforced as today's news tells us. Our new Director has quite a strong record. Investors are already showing up as the share price is now .15. I'm sure we'll hear lots more in the days to come. Watch Dajin!
Here's the news:
''Sep 04, 2008 (TheNewswire.ca via COMTEX News Network) --
(via Thenewswire.ca)
Vancouver, B.C. - September 4, 2008 - Dajin Resources Corp. ("Dajin") (DJI-V: TSX) is pleased to announce that Mr. Ben Ainsworth, MA (Oxon), P.Eng. has agreed to accept the position of director of Dajin Resources Corp." He earned an honours degree in geology at Oxford in 1962 and was with Placer Development for 21 years, having held assignments as Chief Geochemist, Exploration Manager - Eastern Canada, Exploration Manager - Chile, President - Placer Chile S.A. de C.V. In Chile and Western Canada, Placer worked mainly on bulk tonnage mineral projects such as the porphyry class copper/molybdenum deposits.
"The Board of Dajin is very excited to have Ben join the team", reports Brian Findlay, President of Dajin, "Ben's experience and professional qualifications will greatly add to the future development of Dajin".
He joined Placer in 1965 after working in base metal exploration in Eire and completing service as a Development Geologist with the Ghana Geological Survey in West Africa. From 1968 to 1978, his principal specialty area of work related to the application and research of geochemistry for mineral exploration. He carried out extensive exploration work in British Columbia and the Yukon, which lead to the discovery, in 1972, of the world class Howards Pass lead - zinc deposit, by the application of exploration geochemistry.
In 1986, he and a partner formed the consulting firm of Ainsworth-Jenkins Holdings Inc. ("The Consultancy"). The first years of practice focused on gold and silver in Nevada and northern tier states in Mexico, drawing on the experience gained from working on similar projects for Placer. The Consultancy undertook the design and implementation of the reactivation of the Huckleberry porphyry copper/gold project financed by New Canamin Resources Ltd. in the period 1992 to 1994. The project became a successful mining operation and was subsequently placed into production by Princeton Mines in 1997.
The Consultancy was also responsible for the concept, design and implementation of the 1995 exploration program that lead to the discovery of the first reported marine alluvial diamonds in the territorial waters of Sierra Leone, West Africa.
In the period 1995-97, Ainsworth was Consultant to Columbia Yukon Exploration Ltd, Consolidated Venturex Holdings Ltd and BHR-Buffalo Head Resources and served on the boards of those companies. He managed their broad spectrum exploration campaign on more than a million acres of claims in Labrador, following the Voisey's Bay nickel discovery. This work located a significant discovery of nickel-copper-cobalt on claim block 1506, north of Voisey's Bay, and an exhalative gold deposit on claim block 785 to the south of Voisey's Bay.
Ainsworth served on the BC and Yukon Chamber of Mines (BCYCM) Focus Group for the Task Force on Sustainable Development and is an active correspondent in the movement to keep Crown Lands open to multiple resource use. Between 1988 and 2002 he assisted as a member of the Technical Liaison Committee, which gives inputs to the Geological Survey Branch of the Ministry of Mines of British Columbia to help keep programs relevant to the needs of the mining industry.
Recent projects he has been involved with include a large uranium discovery by Hathor Exploration Limited (HAT-V:TSX) in the Athabasca Basin, gold and molybdenum-tungsten exploration in BC, porphyry related copper-gold and calcium borate exploration in Sonora, Mexico, diamond exploration in Sierra Leone and the NWT of Canada, and industrial minerals in British Columbia.
In 1972, he qualified and registered as a Professional Engineer in the Province of British Columbia and acts as a "Qualified Person" under the definition used in National Instrument 43-101, a regulatory instrument of the Toronto Stock Exchange. He is a Canadian citizen by naturalization.
Joanne Calverley has tendered her resignation as director to allow her to pursue other business ventures. We would like to thank her for her years of service. ''
Better late than never. I'm very optimistic, after this.
wm