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.

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DFR Gold Inc

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Post by Tokatoon Oct 26, 2007 4:16pm

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Post# 13700066

Feeling upbeat now

Today's action on royalty review was a relief. Conventional oil and gas producers, especially low-medium rate wells that DFR drills, are only modestly affected. Now DFR can proceed with sale process. Granted, I'd rather they stay and keep drilling. But getting (hopefully) around $3.00 in value would certainly be nice. Just have to look hard at redeploying cash.

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