DFR Gold Inc DFR

Primary Symbol: V.DFR Alternate Symbol(s): DFIFF

Metals & Mining Industrial Metals & Minerals

DFR Gold Inc. is an exploration and mine development company. The Company is focused on gold and other commodities in West Africa. The Company's projects include Cascades, Kalaka, Gurara JV, and Beravina. The Company has approximately 80% interest in the Cascades project which is in stable southern Burkina Faso. The Cascades Project lies in the Banfora Birimian Greenstone Belt, one of the three major mineralized belts in western Burkina Faso. The Cascades Project comprises two exploration license areas, Wuo Land, and Wuo Land 2 in the Comoe province of southern Burkina Faso. The Company has over 40% interest in the Kalaka project, which is a gold deposit situated in Mali. The Gurara JV project is a gold project in an unexplored province (Benin-Nigeria Shield). It has four licenses in two projects areas (Dagma and Paimasa) lying at the southern end of the Kushaka belt. The Beravina project is a rock zircon deposit, situated in western Madagascar.

TSXV:DFR - Post by User

DFR Gold Inc > Shareprice Should be ..

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Comment by techaseron Feb 04, 2007 3:48pm

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Post# 12158718

RE: Shareprice Should be ..

Looks like we have a basher here. At 1400 BOPD production with at least 200 more ready to tie in $3.50 is a minimum share price I come to based on a $50,000 barrel price. 1400 Bopd * 50,000 divided by 20 million shares = 3.50. I think DFR will be at 1800+ BOPD by the end of this quarter.

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