Dutch Gold Resources Inc. (fka DGRI)

[bfontana]

From the last PR they stated that they controlled resources of 7.5 million ounces of gold. Lets say that is would cost $850.00 per ounce to mine, at todays prices that would be a profit of $510.00 per ounce times 7.5 million is 3,825,000,000. Now lets divide that by all shares listed of 792,228,017 which is the o/s, a/s and the float. The total is $4.83 per share and I am not even including the controlling interest in Aultra Gold or the 4,950,000 million shares of Shamika.

Now anyone else think that DGRI is undervalued???