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 > Many offerings building up

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Comment by Tokatoon Dec 11, 2007 1:44pm

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Post# 14002296

RE: Many offerings building up

Not too concerned. DFR doing very well and building value. Growing production and improving cash flow (even without gas hedges) speaks for itself. If no sale the stock could go down to $1.25 short-term as hedgers get out. I'll be buying at that price. Stock easily worth $3.00 and still thinking a take-over can occur at $2.25.

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