Ditem Explorations Inc DTEMF

Ditem Explorations Inc. (Ditem) is a Canada-based exploration stage company. The Company has mineral properties in the provinces of Quebec and Saskatchewan. The Company is focused on the exploration and development of gold properties. The Company holds a 100% interest in the Otish Mountains property. The Company’s Lalande property is situated on the North Shore approximately 12 kilometers northwest of La Romaine. Ditem signed a letter of agreement with Golden Valley Mines granting to Ditem the option to hold over 66% interests in the Beartooth property. Ditem signed a letter of intent with an arm’s length third party to hold over 100% interests in the Bruell gold property in Vauquelin Township near Val-d’Or, Abitibi. Ditem Exporations signed an option purchase agreement for a 100% interest in three gold exploration properties (Detour Gold Trend property) in northwestern Quebec.

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Ditem Explorations Inc

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Post by malloney25on Sep 09, 2008 9:26pm

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Post# 15443358

Market cap

At appx. $11,000,000, DIT is now trading at book value.
One can argue that their 2% NSR on RSC's Matoush property is easily worth twice as much alone.

Market not giving any value for DIT's part of Otish - no value for Beartooth - no value for their other properties - no value for their cash in the bank - no value for DIT's well-connected management - and no value for the Sinosteel option.

An interesting approach taken towards the company I'd say. LOL !

At these completely crazy prices I'm starting to think if RSC might be looking at DIT as well.
Like I said, if Matoush gets into production then DIT's 2% NSR will be worth more than the company's total current MK.

Bought some today.

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