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Yes, they had a sell order in for 5,000 shares.
I agree with you and am long on DGRI.
I do apologize to the board for my naivete regarding authorized vs outstanding shares and sincerely appreciate those that have sent me PM's to help me understand.
DGRI!
From the 10Q:
Company’s Articles of Incorporation to increase the number of the Company’s authorized shares of capital stock to 2,020,000,000 shares of which 2,000,000,000 shares will be Common Stock and 20,000,000 shares will be Preferred Stock (the “Authorized Stock Increase” or “Amendment”). This amendment was effective April 16, 2012.
Doesn't that indicate they did raise the OS? I'm not a basher but am worried about my investment here.
Same here
I'm sure you are not referring to what I'm posting as I'm just cutting and pasting from their website. I've been in DGRI for over a year and am still hopeful, but cautious.
Summary
• DGRI is entering Nicaragua with project that has potential
to be cash flow generative in Q3 2012, with significant
growth opportunities, both organically and through
acquisitions
• DGRI has firm funding funding commitments for the
Nicaragua JV, and to advance Basin Gulch.
The Power Point presentation for today's event is on their website.
Cash Flow Projections
• Potential Cash Flow from first Cooperative from JV
– Year 1: $ 5,000,000
– Year 2: $10,000,000
– Based on 100 tons per day and 700 Oz. / gold per month.
– Building cash flow a result of multiple projects and enhanced recovery.
• Potential Cash Flow from Remediation Projects
– Year 1: $ 6,000,000
– Year 2: $10,000,000
– Building cash flow a result of multiple projects and enhanced recovery.
Joint Venture in Nicaragua
• Joint venture to bring geological and technical resources to existing
producing artisanal mining cooperative
– 30% of world gold production comes from artisanal miners
– Mercury amalgamation is most prevalent recovery process
– Health hazard and environmental disaster
• Company will partner with RadarNica SA to bring technology and
expertise to existing producing artisanal miners
A bit off topic but thanks for your service and personal sacrifice!
Semper Fi (recon USMC many years ago)
Mr. Alex Taranu, Groupe Concorde Development's President and CEO, is quoted as saying, "This is a great day for us all, both company and shareholders alike. I am excited to bring this news to the market today as this was just finalized in the early morning hours Eastern Standard Time. I look forward to the full and final contracts which will be on my desk soon to be executed immediately. We fully expect land surveying and preliminary work to commence sometime in late June of 2011."
Oh ya babe! Go RAMO
Confirmation this is going to run as we have our first basher of the day!! RAMO
Great job composed! As a proud EVCA stockholder I sincerely thank you for the exposure.
"Closing is expected immediately upon completion of due diligence and any regulatory approvals, if necessary, in June 2011"
Not my words, theirs. Just saying..............
Apparently UBSS likes the news as they jumped in on the bid with 1,905,700 right after the press release!
NEWS:
Dutch Gold Announces Letter of Intent to Acquire Arizona Project
ATLANTA, May 12, 2011 (GLOBE NEWSWIRE) -- Dutch Gold Resources, Inc. (OTCQB:DGRI) (the "Company") today announced it has entered into a Letter of Intent to acquire certain gold properties of Double E Enterprises in Arizona. Completion of the acquisition is subject to the execution of definitive agreements, due diligence review and approval of the Board of Directors of Dutch Gold.
The project is located northwest of Phoenix, AZ and consists of 6 BLM mining claims. The property is permitted for exploration and limited production. Recently there has been modest production from the project. Early mine workings date back to the work done by the Spaniards in the 1700's. The Company hopes the venture may start generating cash flow during Q3 2011.
The Company has a three-fold plan for the mine. First, DGRI intends to continue the limited production with a goal of increasing production continuously over the next two years. To this end, the Company expects to fund modest capital expenditures over the next three months. These capital expenditures will be made to enhance recovery of existing mining efforts, as well as to expand the amount of ore mined. Further the Company intends to conduct further exploration of the property, particularly along existing vein structures. Accordingly, the Company expects to conduct a bulk-sampling program, followed by drilling program during Q3 and Q4 2011. Finally, the Company intends to acquire additional property in the vicinity of the Double E Enterprises mine.
"Based on current information, the Company believes that this acquisition can be accretive to earnings in 2011. We have looked diligently for prospects that have the capacity to go into production within twelve months of acquisition, and we anticipate that this property will do so within three months of acquisition," said Daniel Hollis, CEO of DGRI. "Our team is executing on our strategic plan, bringing in the first acquisition of 2011 that fits our model," added Mr. Hollis. "We look forward to achieving our goal of early production from this project. Combined with our strategic drilling program at our Basin Gulch property, we believe that this can be an excellent addition to the Company's portfolio of projects."
Closing is expected immediately upon completion of due diligence and any regulatory approvals, if necessary, in June 2011.
About Dutch Gold Resources
Dutch Gold Resources, Inc. is engaged in the acquisition and development of gold properties in North America. The company's strategy is to focus on overlooked resources that have the potential to have a value creation event within 24 months of acquisition. The Company criteria call for a property to reach either near term production, or be a candidate for development through joint venture financing during the two years subsequent to acquisition. The Basin Gulch project Montana, the Jungo property outside Winnemucca, Nevada, and the Gold Bug Mine in Oregon comprise the Company's current portfolio. The DGRI management team is composed of seasoned professionals with decades of experience in geology, and in mergers and acquisitions, as well as corporate finance. For further information, please see www.DutchGold.com.
Forward-Looking Statements
This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Dutch Gold Resources, Inc. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities.
For further information, please sign up at www.DutchGold.com/alerts.
CONTACT: Tom Leahey, CFO
Dutch Gold Resources, Inc.
(404) 419-2440
Solar Updates Marines' Arsenal - From the Wall Sreet Journal.
Are we getting in on this Ken?
Semper Fi
This has happened almost every morning this week. This morning it was almost an even $10K. Someone "salting" the mine..............
Looks like this mornings T trades are already gapping it up!
Same here! GLTA
I've only been trading for a year and man did I get sucked in by P & D's at first. Now I'm hoping I've learned enough to make some $ off of them. I do agree with your take on this one.
I'm hoping OWR is correct with the *NKT analogy as I was playing the promo.....
Urgent: A buyout by Apple may send AVVC shares up 1,978 pct. Today, 07:01 amPromoter: Investors Hub Paying Party: UNKNOWN
Stocks covered: Compensation: Avg $ Volume for Period:
AVVC $3762 1289566
It's all part of a promo that began a week ago or so. Sure seems like it's ran it's course but this is penny land so who knows!
or a great buying opportunity!
I had the same reaction. A quick Google search will answer the question. So it's an investment firm owned by Frank. He has had that for over 25 years according to the www.
A few buys at .00015 showing up
Nice little 16,700,000 T trade to top off the day!
I posted that fake map and your tag line from old Abe on my FB for the extended familys benefit. One of the grandkids actually replied that Abe could not have made that statement as Al Gore invented the internet way after Abe left this earth!!
The postage was $0.44 on the one they mailed me. I had several thousand invested last year and that is now worth $0.60 after the first R/S. Not one of my better investments!
Happy pie day, 3.14
There are seven MM's on the ask....
I saw that also................funny!
Isn't iVoice the parent company of BGNN?
From the 3/4/11 BGNN 10K:
On November 17, 2009, pursuant to an Agreement and Plan of Merger (the “Merger Agreement”), B Green Innovations, Inc., a wholly owned subsidiary of iVoice Technology, Inc. (the “Company”), merged into iVoice Technology, Inc.
Hey Carnac good to see you my friend! Hope your new job is going well.
I would like to know if CNEX is still going forward with their plans for this spring as previously reported or have I lost my investment?
Basin Gulch project will last for DECADES!!
he just stated there is a serious disconnect between the value of their resources and the pps.................current resource will likely grow as they continue to drill the property.........
Morning New! Forgot about the PM sorry about that. I appreciate your thoughts sir.
Looks like we are at no bid.............
The L3 Montage shows .00015, but then again I don't know if that is accurate.
Looks looks like those buys were at .00015