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You wont have to wait long. GDSM is a mover...very soon.
GDSM news coaster on the way.
Gold Coast has a bright future. Looking forward to a quick reversal on very promising news.
As of Sept 30th there were 3,400,000,000 AS 2,526,864,580 OS. Current market cap is 21 Million. This per the last quarterly report. http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=40052
Buddy this company is looking at max $190,000 EBITA for the year. If you run the numbers your looking at max earnings per share of .0002. Thats not including the recent 200 Million dilution.
Just saw DTRO stickied on the MOMO board and decided to take a look. Couple of questions. Deltron's Elasco generated revenues of $1,458,501 for the 6 months ended June 30, 2010. So if we multiply that by 2 we get revs of $2,917,002 and $190,000 EBITA for the year, which is not shabby, but no where near 20-50 million thats being touted around town. They did score a nice consulting agreement which may have provided another couple hundred thousand in revs but no manufacturing contracts have been announced sooo...can anyone elaborate on this huge discrepancy.
someone is beating us down hard here. Market cap a measly 6 Mil.
$750,000 in volume so far today.
Valuation for gold plays is generally 100 dollars for every ounce in the ground but in DGRIs case we can use 25 dollars for each ounce in the ground because it is an OTC company. 25x 7.5Mil comes to 187,500,000. Our market cap is currently just 6 Mil. Also we know our mines are fully profitable at 1200 an ounce. With gold at 1400 an ounce that gives us a profit of 200 for every ounce.
I think were seeing the exit of everyone who bought in the .015 to .02 range. I just hope we are able to bounce and have a new base above .02 today.
Slow and steady wins the race. Looking strong today and solid volume too
.028 x .029 looking good fellas
Good Morning DGRI! Lets rock!
welcome aboard Traz.
the float went from 95 Million to 150 Million...still extremely small for our $BILLIONS in gold.
Agreed. The market loves transparency and thats what was provided. We are poised for massive growth in 2011. GO DGRI
I think a big point from this PR is we now have access to 3.5 Million is non dilutive financing via the agdi shares. That number will most likely increase as well since those shares are appreciating nicely. Also since most of the debt has been converted i think we can expect very little dilution in 2011. Lets get the show on the road boys!
I think we will continue our steady climb throughout 2011. I see us trading past .12 first quarter 2011.
non dilutive funding to boot!
I believe they have been very strategic in proving out Jungo. That property is located directly next to 4 major mines/projects with big names such as Newmont. If they are able to grow a relationship with one of those companies then a JV would certainly be in order. Also I believe we will see private equity jump in here in the near term.
Digging this quote..."amounts available for conversion are greatly diminished, likely reducing dilution in the near term" I read that as convertible debt is almost gone! Which is why we havent been seeing any t-trades for a while. The reigns have been released and DGRI is free to move.
This is the beginning guys...the ground floor of an amazing company to come. DGRI is more like a big board company then an OTC. All this voluntary filing and keeping investors informed is world class imo.
Im loving this PR guys. I love that the company takes the time to update us and is honest with us. From the PR we know a large portion of our debt has been paid down and our cash position has risen 14 fold. Convertible debt is now diminished to a point where it is non dilutive and our 5 Million shares in AGDI (worth over 3 Million dollars) are safe and sound. The company has poised itself perfectly for growth in 2011.
Float currently 150 Million
If you look at previous PRs you will notice most of them come in the late night hours right up to 10 o'clock so we just have to wait.
DGRI is a legitimate gold company with proven reserves backed by two NI43-101 (see stickies above). They own a 330 Ton per day processing plant which can be viewed in operation at this link
Alright lets see that update Dutch!
It is a very significant deposit and it is open in all four directions! There is well over 10 Million ounces at Basin Gulch and its probably over 15 Million. I hope the company touches on specific plans for Basin Gulch in the update.
CSTI coming in on the bid at .0289. Looking good for that break of .03 this afternoon.
nice buys at .029 coming in
.0287 x .029 need to break that pesky .029 and move back over .03
DGRI - shareholder update coming out this afternoon...ready to rock?
DGRI - shareholder update coming out this afternoon...ready to rock?
.029s getting hit hard. Should see a sustained move over .031 this afternoon without news.
I expect the OS to be around 242 Mil and would be happy with anything under the 265 mark. Raising capital is part of junior mining stocks and it should not be viewed negatively. Of course if they come out with no increase at all and word on private equity then all bets are off. Either way DGRI is going places in 2011 and I am glad to be here.
Agreed or late afternoon imo.
"The update will
discuss the Company's current capital structure, near term plans, and an outlook
on the gold mining sector for 2011."
I am particularly interested in the near term plans for DGRI. News of JV talks or Private Equity would be huge....come on DGRI give me that update!
From the PR - "Additionally, the Company announced it would present a year-end shareholder
update on the Company's progress on December 20, 2010, wherein the Company will
discuss plans for 2011 and review the performance during 2010. The update will
discuss the Company's current capital structure, near term plans, and an outlook
on the gold mining sector for 2011."
Bid building 3x1 now...
Looks like were turning back up for the afternoon here. This should be valued closer to 40-50 million based on similar company's market caps right now but instead were sitting at a 5 Mil market cap. Extremely undervalued here and I am looking forward to a steady rise into 2011.