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20:1 ratio silver to gold ounces
There is some discussion about the silver content in the NI43-101. It is 60 pages long though so it may take a minute to find it.
Alluvial deposits refer to the gold being surrounded by a loose material such as sand. Basically it is ideal for open pit mining as it is not encased in bedrock.
Basin Gulch NI 43-101 a must read. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7015848
Coarse/placer gold referrers to alluvial deposits.
We already have an NI-43-101 for BASIN GULCH. There is between 3-7 Million ounces of Gold proven and probable. But that figure only included 1/3 of the drill holes. With all the samples in hand they will be able to determine the total proven and probable reserves which will be far north of 10 Million ounces. Read through the sticky above that has a link to our 2 NI43-101.
DGRI NEWS - http://ih.advfn.com/p.php?pid=nmona&article=45704238&symbol=DGRI Shareholder update coming on Monday!
Here comes the volume! 4@.0225 x 2@.0229
I think we will see an afternoon move above .025. I agree Monday may be a big day for us.
This is from an older PR. DGRI is ahead of schedule with developing our properties. Very exciting thats for sure.
"During First and Second Quarters of 2011, Dutch will focus on developing value in
the Basin Gulch properties and the Jungo properties. The activities will include
various drilling initiatives designed to further define the size and quality of
the ore bodies in each project. During that same time frame, the Company expects
to develop a long-term approach to optimize the value of the Benton Mine, and
make capital allocation plans accordingly."
We seem to be ahead of schedule on the Jungo project as drilling has already commenced. We just received word on Basin Gulch developments and an update on Benton Mine production should be forthcoming. Its going to be an exciting 2011.
Just got in and I am loving the news! Cant wait for a company update on Monday. DGRI is going to grow in leaps and bounds during 2011.
Going to be a green day today DGRIers.
Absolutely false. Steve Keaveny left the company on FEB 4th 2010. If you look at a 1 year chart for FLTT the company was a low volume floater while Keaveney was CFO. When he left the stock was at still trading at .10. After he left the CEO then turned the company into a share printing scam and it soon fell into .000s.
The previous PR describing Keaveneys background is right on target. I have verified everything in the PR and then some. Steve is a great addition.
Agreed. Although it is fun debating Keaveney's hire date the fact is Keaveney's resume is amazing and I am very excited for what he brings to the table. I believe he will help lead DGRI into a huge 2011. GLTY
My reasoning behind his hire date is based on SEC filings.
As you can see these two filings which were submitted on Aug 11 and 12 were signed by Keaveney.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7408474
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7555040
This filing received on June 10 was signed by Dan Hollis
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7307476
All Keaveney had to do was review the filings, sign them, and submit them. He did not have to be part of the company for the time period the filings cover. Most likely he was hired in August 2010 just before he started signing the filings as CFO. We know for sure he was not part of the company as of June 10 because Dan Hollis was signing as the CFO at that point. He could have been hired anytime after June 10 but I suspect he was not hired until August. Either way he is a HUGE addition to this company and has extensive experience.
The point I was trying to make with my post on Steve Keaveney is that we have a guy who built a 100 Million dollar company from the ground up on our team. This is a huge positive for DGRI. 2011 is going to be a big year for DGRI.
That is a false statement. Keaveney was hired in August 2010.
A little info on our new CFO - The claim that Steve Keaveney founded a cable vision network in Ireland and then sold it in 1999 for 100 Million to an ATT company is true. Steve founded with a few other business men Cable Management Ireland CMI. CMI acquired many smaller stations over the years and eventually Liberty Global bought them out for $100 Million. Liberty Global is an ATT company. I have done extensive research on Steve Keaveney and everything checks out. A couple links below to back up my statements. DGRI has assembled a crack shot management team and is going to be adding more mining professionals to the board very soon. All of this is in preparation for a listing on the American Stock Exchange or Toronto stock exchange. DGRI is literally poised to take a gigantic step into profitability in 2011. GLTA
http://bschool.pepperdine.edu/alumni/successes/index.php/2010/11/steve-keaveney-mba-89/
http://www.wikinvest.com/stock/Semotus_Solutions_%28DLK%29/Stephen_Keaveney_Age
http://en.wikipedia.org/wiki/Chorus_Communications
http://www.worldlingo.com/ma/enwiki/en/Cable_television_in_the_Republic_of_Ireland
http://historical-debates.oireachtas.ie/D/0491/D.0491.199805260065.html
Example of a real NI 43-101 . Notice it is 60 PAGES LONG.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7015848
Good Morning DGRIers!
Gold at 1406 this morning. May test its recent high this week.
lol very true.
Good Morning DGRIers!
I have done very limited DD on SAEI but www.http://www.geomininternational.com/ has been around since 2007 verified with The Way Back Machine http://www.archive.org/web/web.php . I dont see how someone who is short would be able to take control of a website thats been around for close to 4 years. I have no interest in SAEI but just wanted to make sure everyone has all the tools necessary to make an informed decision here. The Way Back Machine is a great tool for doing DD on a company and I suggest everyone use it to check out past versions of websites while considering an investment. GLTA
1 tick away from 450 board marks. DGRI is growing everyday here.
agdi closed at .72 making our shares worth $3,560,000 but our market cap is just $4,100,000 - So currently the market is putting a measly $560,000 market cap on our 4 properties, mining equipment, and proven and probable reserves over 7 Million ounces. That is ridiculous. When people catch wind of DGRI its going to move very fast.
.023 back up to bat.
CSTI now absorbing millions on the bid. Confusing action today.
2@.022 x 2@.023
Strange trading going on. Now CSTI has switch to bidding at .0211 and the ask has moved to .023...
Even though he is getting hit at the ask he is dropping his price every time. pretty obvious if you ask me.
There has only been one seller on this drop. CSTI has pushed it down from .0238 to .0211 so far...annoying
Nothing much. Just holding steady. Nothing wrong with a flat trading day as it provides an opportunity for consolidation.
I foresee a major update on the Basin Gulch project/Benton Mine Production in the coming weeks based on the time line laid out in previous PRs. As well as an update on the Jungo Drilling. So far they have done a great job at reaching milestones. No reason to sell as this is just getting started imo.
Just looking around the other boards I see lots of other golds stocks are taking a big hit today. I love that DGRI is holding strong. It says a lot about where this company is going.
yup tightening up finally 1@.0233 x 1@.0235
bid creeping up .0233 now...
3@.0231 x 1@.0239 looking strong.
Bids are moving up and support is strong. I think we will retest this mornings highs later this afternoon.