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DFR Gold Inc DFR


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

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

Comment by Ticker28on Feb 05, 2007 7:07pm
111 Views
Post# 12166909

RE: Shareprice Should be ..

RE: Shareprice Should be ..I came to that price value as an aproximate based off their last released earnings and their typical P/E ratio. I don't think its right to base off of future speculative production numbers as they are not in the bag yet so to say. That rather is a projected price and is not the price the stock currently reflects or should reflect. Granted we get all that production flowing and if all goes well with oil and natural gas prices we then may well be worth the $3.50 a previous poster stated. Remeber too that were not exactly at $80 a barrel oil either, so the market has priced that in already. Im not a basher and have probably been holding dfr longer then many on this board, but I never count the chickens till they hatch, and I don't give inflated stock prices off of speculative production numbers that havn't been realized yet. Im hoping we bust beyond 1800 boe\d with some good wells, but a little concerned by the big liquidation last week.
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