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But it hasn't stopped and you have no idea when it might stop. CSTI has been selling non stop for weeks. Management has not addressed the dilution or the change in the SS. I will ask again for you to explain why someone would by today when it continues to go down 10-20% everyday. That is some terrible advice in my opinion.
Is there something that I am missing. I thought it was buy low sell high not the other way around.
TIA.
Why would anyone buy when they are diluting? Please explain so I can understand. TIA.
50 minutes ago, the chart and volume were very different than they are now. LOL.
DGRI Bid support gone. Volume has dried up today. Good move in the morning hopefully it can stay up and not come crashing down like every other day this week.
I haven't been negative at all. I have been watching CSTI on L2 destroy the PPS like he is again right now.
Dan Hollis said that he and management would address my concerns regarding dilution today.
I will post the email when I get it. Good or bad.
CSTI is still diluting. Dan Hollis is emailing me with the details today.
I will post his email for all to see.
CSTI is going to tank it again today, don't think they won't.
Nobody is getting past CSTI. He is killing this stock.
You could've sold the day after your buy, and the buy would've settled before the sale.
DGRI Breaking out on low volume!
Please for the boards sake post proof of your statement. TIA.
This is how we should've been moving all week long! Let this be a lesson to all of the naysayers, we could have a huge breakout if volume picks up!
Shamika production update in a PR soon would be nice. I have faith that the management team will keep us updated. Only a matter of time before that mine is putting money in the bank!
That should get the ball rolling. We are worth more as the price of gold goes up.
A lot of chatter going on. If this thing starts to turn up there should be a bunch of people on the sidelines jumping in. Looking forward to today.
When were we ever at .07?! I must of missed that trading day. Special market hours this past Saturday or something?
Get a grip.
We can't even get a decent valuation of DGRI based on the gold mines in the USA, why would the Shamika mines matter at this point. They are just added assets.
We all know your motives here, but don't you think it's about time to give it up?
Tons of bid support at .0195, looks like it may just trade here for the rest of the day.
CSTI looks like they have an unlimited supply IMO. Once they stop, we should be fine, but damn they are killing us this week. I have an email in to Dan Hollis about this that he is going to respond to me about tomorrow.
Why is he doing that? I'd hate to day why I think, but it's the only reason I can come up with.
I like the group we have here. Just wish for all of our sakes the PPS would go up soon. There is no reason that we should be this low. Hope .02 holds and we start to steadily move up and breakout of this downward trend.
Let's have a great day today.
Got an email from Dan Hollis. Sent him an email yesterday and he said that he will respond tomorrow after management returns from traveling. Looking forward to the open correspondence with the CEO. Never had the opportunity to voice questions and or concerns directly to the CEO, and actually get a response.
Travelling could mean big news on the way.
Getting kind of tired of watching this go down. We need buying pressure and I'm not seeing it come back. Hope that CSTI lets off and lets us gain some ground back.
Think they'll let us move up again or bring us down further?
Hope .02 holds today.
DGRI Sells 985 Ounces of Gold From Mine
Here is the news from when the mine was in production. Looks like they are going to be working even harder this time around. I think future production will exceed these numbers by 300-400%.
Dutch Gold Resources, Inc. (Other OTCDGRI.PK - News), a developer and operator of proven gold mines and a regional mill in North America, today reported higher sales for March 2007 than previously reported. In addition, the Company has reported finding free gold in its current mining production.
Earlier, Dutch Gold had reported initial sales in excess of 800 ounces of gold for the month of March. Final production, confirmed internally, was over 985 ounces of gold. The increase is due primarily to enhanced production yields from higher than projected grade ores. Further, this production included only three shipments of concentrate for the month. The Company reiterates that it expects to average four shipments a month on an ongoing basis beginning second quarter 2007.
Dan Hollis, Chief Executive Officer of Dutch Gold Resources, stated, "We are pleased with the positive results of our initial month of regular operations. We are optimistic that our operations team will continue to produce these solid results as we are only now beginning to realize the potential from the Benton Mine. We look forward to continuing to optimize our production during this time of rising gold prices with the goal of increasing profitability and maximizing shareholder value."
In addition, the Company operations have produced an unusual amount of free gold, not commonly seen in structures such as the zones being currently developed. Dutch Mining expects to conduct additional sampling to determine the source and magnitude this anomaly.
$2 doesn't sound so bad now does it. I think it would take a good amount of time to get there, but I would welcome it!
The bottom is .025, not going to see any lower than that it seems.
Bulls are still in charge of DGRI. Today is going to be the day that people wished they had gotten in if they haven't already. Too much great DD for this to not breakout in a big way! Almost 400 board marks.
GLTA
Very impressive background! Glad he is behind the wheel in DGRI. Great DD tonight folks.
The JV news is so close! Proven GOLD just waiting to be taken out of the ground. Fronteer would be stupid not to take advantage of this opportunity.
Good morning DGRI's! Chart is looking good.
I've been looking forward to today since Friday.
Gonna be an incredible day!!! Adding to my position. Hope for a bounce off .025. GLTA!
That article doesn't incorporate the last few trading sessions, LOL. Violeta (or whatever her name is), was obviously wrong. And obviously the company stated that they had nothing to do with the promotion of the stock, hence the surprise when it heated up around here.
She was wrong like most of those newsletters are. Real DD speaks for itself, those newsletter people are only guessing and sometimes responsible for the promotion of these pennies. I think they also passively bash a stock because they didn't initially pick it for their subscribers. So, at least they try and be right about the downside, so they can say "look, we were right again!".
GLTY, she was already proven wrong in the last few days.
Speculation based on proximity. If Fronteer has had success in that area wouldn't it make sense form them to continue operations in the same region?
IMO, the company has already alluded to the fact that JV's are on the table in their PR's. Why would they have even mentioned it if they weren't. They need the financing and the equipment to start production. Only time will tell I guess, but they def seem like the perfect candidate considering their location and proximity to other mining companies.
GLTA.
FRONTEER JV NEWS this week would be an amazing development!!
Could you imagine how fast the mine would be up and in the production stages when they are behind the venture. HUGE!
Everybody calm again? I think people are blowing this way out of proportion, IMO. I know that dilution in the penny world is a real scary thought, but that is the only way to raise capital in some cases. IMO, if dilution did occur this week, then they did it at a time were it could be absorbed the easiest. We are still trading in a healthy pattern on the chart. With news next week we could breakout on increased volume and leave these prices behind us for good.
Nobody likes to see there investment decrease in value, but a stock just cannot go up everyday. It is not possible. Everyone needs to stay strong, and not let their emotions affect their decision making. I'm not happy with the current PPS either, but I am willing to bet that we continue an upward trend over time.
GLTA
Is this bickering going to go on all weekend.
This is my last post for today, so let me say a few things.
DGRI had a great week this week. For those who bought in higher than the current PPS, do not fret. Only your own emotions will scare you out of this play. This was a much needed pullback and consolidation heading into the next leg up. If the mood of the board switches to negativity, then people will sell based on fear not rational thinking, and the PPS will reflect that in a negative way.
We have great support at .025 and that should hold on Monday, unless everyone starts to panic and sell off. Then it's back to .017 where all of the "fill the gap" people will then show up with the "I told you so's". If more panicking ensues then we start heading further down and the bashers really come out to have fun. And then there is no turning back.
My point is, the chart is still strong and will continue to attract new investors and the DD that has been done is great. The company is following through with their promises and timelines. With any sort of news this next week we should breakout from the range that we have been in this week. A little positivity can go a long way.
McBisco
I'd rather the latter. Property not worth nearly as much as the actual gold. Let the weak run for the hills. LOL, a bunch of paranoia on this board.
That is only one reason. While the AH trades are suspicious at best, we are still trading in a tight range with great support at .025.
IMO, the reason we didn't go up today is that buying pressure has been down since the last run. It will comeback with news.