Ditem Explorations Inc DTEMF

RE: Big Deal

[my2bits]

I you have been a shareholder in DIT from its inception as a diamond exploration company thru its current status as a uranium explorer.

 

The move into uranium was not an easy transition but other than being very timely, Raymond Savoie and his team have built, over the last three years (2005-2007), a company with a:

°          30-fold increase in current assets,

°          82-fold increase in total assets,

°           9-fold increase in shareholder equity,

°           8-fold increase in outstanding shares.

 

Book value/Share: $0.13 in 2005 and $0.26 in 2007

Price/Book: $0.69 in 2005 and $2.85 in 2007.

 

Sinosteel, no matter how you want to look at it, means the development of DIT towards the major leagues; but of course you have to look forward as a long term investor to wreak the benefits.