From PSC: DGRI, The stock may be quiet but when it wakes up, WATCH OUT, We are looking for a move past .50
We are going to be buyers of DGRI next week. The stock had a run last week from .144 to .205 in just one session. The pull back to .14 makes this an incredible buying opportunity.
FOR PSC, DGRI IS A “GOLDEN” OPPORTUNITY.
The flurry of buying came as the result of the 43-101 upgrade by the company. Dutch Gold Updates NI 43-101 Gold Resource at Basin Gulch Property, MT http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=U-i0582111-U:DGRI-20100129&symbol=DGRI&news_region=U Atlanta Business Chronicle Profile: Dutch Gold Resources, Inc. http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=U-i0584572-U:DGRI-20100205&symbol=DGRI&news_region=U The article blew our minds. Right in the press, the CEO of DGRI values the mine @ $3 Billion USD. WOWWWWWWWWWWWWWW!!! The article details the growth opportunities for Dutch Gold, their plans to expand, and explains why the move to an expansion plan is both timely, and feasible. Key points discussed include the following: Its most ambitious project is a 1,000-acre site in Montana , called the Basin Gulch project. The Montana mine has "proved and probable" reserves of 2.8 million ounces, CEO Daniel Hollis said. "It could be in the top 5 percent -- in terms of size -- of all gold mines in the United States ," Mr. Hollis said. Not only is the Montana mine big in size, it has the potential to be quite profitable. At today's gold prices -- about $1,100 per ounce -- the mine is potentially valued at $3 billion.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.