Replies to post #28835 on Dutch Gold Resources Inc. (fka DGRI)

[jt6455]

Thanks

[j3sterfun]

So at the current price the valuation per ounce is only $0.70 per ounce (328,481,544 O/S * 0.016 share price divided by 7.5 million ounces of gold)

With an O/S of 328,481,544 that would mean our share price should be somewhere around $2.51 per share at $110 per ounce of gold.

Is my math correct because a valuation of only $0.70 per ounce seems really really low for what we have here!