News Focus
News Focus
icon url

BigAl61877

02/10/08 2:49 PM

#17797 RE: Montanore #17796

WOW! Very great video and DD! DKGR is looking even more attractive!
icon url

Thinman13

02/10/08 3:04 PM

#17798 RE: Montanore #17796

Mining companies and mining stock will be the darlings of the investment world for the next several years. I believe I read average cost of production per ounce for gold is in the mid $200 range so you can see that reserves that were not economical at $250 per ounce are VERY economical at $900+ per ounce. There are a great many overlooked, abandoned or "lost" gold deposits and gold mines across the country, as we have in Georgia, that are now very attractive. A small company like Drake can move quickly compared to larger mining companies and overhead is much lower so there is a definite niche for us small guys.
icon url

Argonath

02/10/08 3:20 PM

#17799 RE: Montanore #17796

It gets even better...

There is a little known report that comes out by the Fed, that the media, CNBC, and other agencies dont ever mention.

http://moderate.wordpress.com/2008/01/30/gata-to-federal-reserve-wheres-the-gold-in-ft-knox/

http://thebullandbear.com/articles/2006/0806-liberty.html

The Fed report is one that measures leased gold to banks in Switzerland for sale to the public, AND to nations to balance the carry-currency disparities between the US dollar, and reserve holders.

In Novemeber, the Fed report shows that our holdings had dropped over 2.5 million ounces... and since it was leased, they would have to purchase it back to get the actual metal for their inventories.
icon url

medchal

02/10/08 5:44 PM

#17800 RE: Montanore #17796

"What do you think that would do to the price of DKGR?" Very little, until and unless DKGR produces some gold or credible evidence of gold on its properties. Obviously, the market isn't buying the evidence so far.
icon url

Goldin2008

02/10/08 11:07 PM

#17813 RE: Montanore #17796

Impressive. If this happens we will all make a lot of money.
icon url

Prophetman

02/14/08 5:16 PM

#18041 RE: Montanore #17796

I keep watching this video and it is amazing to believe what we could have here. When gold hits $3000 to $5000 per ounce and we are producing this stock can trend up for years. Nice find Montanore!


http://goldsilver.com/video_player.php?video_id=17&cat_id=2&ss=4031b7e3433d9073d714d3383be28015