I've been calling this company Durango Lithium, when in point of fact the name is Durango Resources. Regardless of the name though the PPS is popping substantially higher on volume well above the average.
As I write this DGO has traded as high as 12 cents for a gain of over 60%.
This is not a recommendation however, do your own DD. Check stockwatch for news as this is a Canadian company. They have property surrounding Nemaska Lithium's Quebec mine which may be the cause for the jump. Nemaska has also been on a tear, climbing close to 600% over the past year.
This is strictly an opinion piece, and my opinion could very well turn out to be wrong. This instablog post is intended strictly for informational and entertainment purposes and should not be used as a basis for any investment decisions. Investing in stocks or options involves significant risks. For investment advice you should seek the input of a professional investment advisor.
Disclosure: I am/we are long AXOTF, NMKEF.
Additional disclosure: You can find me in numerous forums where I use the names krill66 (yahoo) growacet (stocktwits) and ledrog (stockhouse).