Dutch Gold Resources Inc. (fka DGRI)

[rbtree]

The old GEMCOM data has been reviewed and is referenced in the Jan 2010 as appearing to be accurate, but a 43-101 new estimate of proven gold has to be done before DGRI can make any new large transactions on the property, its coming. This is the one that will show even more than 2.8M proven ounces....

First of all, that is impossible without a major new drilling program to further delineate and prove up the ore body. Do you have any idea how much that all costs? Hint, a hell of a lot more than Dutch has.

And, second, more importantly, the old report references only appx 300k ounces in the proven category.

Mark my words, Dutch will not be bringing this ore body into production for a long long time.