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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 Tokatoon Jul 09, 2007 10:32pm
205 Views
Post# 13061474

RE: I''''m out, but may come back in.

RE: I''''m out, but may come back in.There is still real hope for the longs still: 1) DFR drilling the updip extension to that potential 10 bcf pool next month - results in Sept maybe? If this well hits the stock will go over $2.00. 2) Hopefully, DFR doesn't slow down too much as they have a number of reasonably high impact wells to drill. Again, results will speak for themselves. 3) They may get a decent price on a sale. 4) Gas prices may actually go up substantially. Watching the nat gas price very closely. With oil at $73/bbl, nat gas should be $12.16 (6:1 ratio). The gap has gone from 8:1 to an unbelievable 11:1. I won't be perturbed if stock shoots past where I sold it. There are hundreds of investment opporunities everyday to choose. Sometimes you make money, sometimes you don't. Missing a profit hurts a lot less than buying a loser. In DFR case, it was easier for me to sell because I'm one the few guys on the board that actually made a small profit on the trade. Best wishes...and hopefully something positive happens where I see value increase substantially greater than the share price reaction and I'll come back in. Again, my guess is that if DFR has substantial good news, its share price will lag reality.
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