Dana Resources (DANR)

[PennyStockInvestor]

Here is some more interesting information that I found while researching DANR. Please read this it may help you with your decision about buying this stock. DANR`s Collota Gold Project is
positioned in the same trend as Barrick`s world famous Pierina mine (originally hosting over 5.2 million ounces of gold and producing as much as 500,000 ounces of gold in 2006).
A significant amount of gold is estimated to be present at the project!
The current estimated resource totals 1,170,000 ounces of gold, equivalent to a current gross in-situ value in excess of $1 Billion. Dana Resources plans to mine the Collota Gold Project as an open-pit mine to a maximum of 50m in depth. The estimated operation costs are approximately $400 per ounce. Further, this geological belt typically hosts economically significant silver resources.