Dutch Gold Resources Inc. (fka DGRI)

[HeyItsTheChad]

Here are my thoughts...

Excuse the bold text, but it gets attention. This is my first post, but I've been following this board every single day since March 2011. I originally got in with a small investment on most of the same poster's advice that are posting today. I held my position on your advice. The same words kept getting repeated "This is the bottom, buy buy buy!". I bought more. I continued this pattern 3 more times, and have lost about $3500 since I first got in. I'm not a day trader, I was in it for the long haul. Most of the advice I have followed here has proven to be false. Jungo... Basin Gulch... the equipment was rolling in and they were starting to mine... the assay results... blah blah blah. People invested on those claims, and they never came to friction. Hollis has a few other failed companies before this, not even in the same industry, but probably out of the same office in Atlanta.

So at this point, here are my thoughts. I emailed the email address that was posted on here. I got a response:

Yes, we are currently producing in a small Western Nicaraguan town called Somotillo. We are currently working with Dutch Gold management to fully optimize this project. We expect to start seeing revenue from gold production some time in the summer.

Great. However, this response seems to comes from a native English speaker, which is fine (Roni). But from the other responses... who and where is it originating from? If their management is in the US, is it Dutch Gold themselves?

So I did a little research. RadarNica SA's same address and phone number are also listed under another company's name (Recimafe, S.A.) http://www.tradekey.com/company/Recimafe-SA-4652218.html http://www.cetrex.gob.ni/website/expca/vw_exportadoresview.jsp?key=6305
It's listed as a used car battery business ran by Mr.Ronald Espada (Roni?). From the business description in Jan 2012, his English isn't that bad, maybe it is him, but how does that explain the US management team that was stated in the previous email?

If RadarNica SA is mining, and committed to the environment as they state on their website, then were are the necessary mining permits or any other evidence? And who is Masada Gold S.A.? How did Roni get from a used car battery business started in 2010 to owning 25,000 hectares of mining land in 2012?

Another thing is why does RadarNica all of a sudden have a horrible website up, an employee listed twice on linkedin that just joined this month, and a facebook page that was just put up this month? Maybe it's not the same as in the US, but nothing at all seems professional with this company and I can't see how a "joint venture" could ever be justified. If Dutch Gold wants investors to stay, then they better bring some proof, and any proof, to the table soon. Right now this has scam written all over it.

Those are my thoughts and research. Thanks. Chad