Friday, February 26, 2010

Dorato Resources (DRI.v): A total coincidence, of course


Yesterday this humble corner of cyberspace made mention of a horrendously bad pump piece in this week's edition of Northern Miner about Dorato Resources (DRI.v). Totally biased, unable to address the long-standing social issues that have now come to a head and only getting opinion from one side of the story, it was a shameful piece of hackery (I'd reprint here but NM get all bolshy and nasty about their copyright protection). It also came at the same time as the rise in DRI.v stock, which was full of rather dubious market action with a whole bootload of smallish "seller anon" "buyer anon" trades, all with the same volumes and coming within moments of each other all the way from 65 to 75c.....which then prompty disappeared. Y'know...nothing you can put your finger on in a legal sense but the typical HenksWhores kind of action.

So it was amazing, incredible, spooky and coincidental to discover the background of the IR guy over at Dorato. Here's the payline:

Steve Stakiw
Position: Manager - Corporate Communications

Steve is a geologist and has been involved in many facets of the mining and mineral exploration industry, both in Canada and internationally, for more than 20 years. In addition to several years in the field, he has research and finance market experience and was involved in the formation of an industry-leading mining information service. Steve's diverse range of experience also includes serving as the western editor of The Northern Miner from 2006 to 2008.
So, the rescinding of licences is ignored by the world of Canadian markets because the brokerage analysts and investment advisors were let in on the sweetheart 60c offering. Then the only coverage of the DRI saga in the main mining press up there is an abysmal pump piece in Northern Miner. And it turns out the IR dude at DRI.v is a NM old boy.

Are these facts somehow related? Inquiring minds etc...........