Tuesday, June 26, 2007

Dhanoa - Small Cap, Penny Stock or Zero Job

As many readers of this blog know, we beat up the Dhanoa Minerals story pretty well on this blog over the past few weeks. Mr. Balak, Company's CEO made this statement back in 2004 after resigning as CEO of Power Technology Inc.

Click Image to Enlarge

For those of you who may unfortunately not be able to read the image, Mr. Balak said:

It is time for the company to be led by a CEO with the experience to profitably commercialize

Today, Power Technology trades at $0.015. From a man who in his own words did not have the experience to profitably commercialize, look at how much progress we made:

Dhanoa Minerals Announces Expansion Plans to Acquire Adjoining Gold Producing Properties

Dhanoa Minerals President and CEO Increases Personal Investment in Company's Latest Round of Financing

Dhanoa Minerals Modernization Effort Producing Additional Revenues of $5,500,000 From ''Tailings''

Modernization Project for Dhanoa Minerals Shows Immediate Results

and it goes on and on and on. My, what progress Mr. Balak has made in just 3 short years.



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2 Comments:

At 11:55 AM , Anonymous Anonymous said...

Is this blog in favor, against or impartial about Dhanoa? Seems to be quite aggressively against.

 
At 4:10 PM , Anonymous Anonymous said...

I think what this blog is against is ridiculous promotion by a company that's run by a CEO who has problems with the securities regulators in Canada. I think that this blog is against a small company that is questionably just past the exploration phase that is spending hundreds of thousands, if not millions of dollars on a stock promotion.

 

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