Am I getting this right?From website: Although dated somewhat!
(March 31, 2008)
TSX - Symbol : DNG
Common shares outstanding : 30,000,100
Warrants : 5,630,000 (range $0.40 - $0.625)
Options : 2,195,000 (average price $0.34)
Fully diluted shares : 37,825,100
Share price : $0.44 (March 31, 2008)
Market value (fully diluted) : $16.6 million CDN
Institutional shareholders ( over 70%)
Sprott Asset Management
AGF
Trapeze Asset Management
Caisse de Dépôt et de Placement (Sodemex)
They have 30 mil. S/O @ .22 with a MC of 6.6 mil? And they produced approx. 36k oz. of gold last year? And they
have approx 1 mil. in cash? With 70 % owned by ive not pickednstitutions? To me this looks like it is seriously undervalued
al this with a MC of 6.6 mil. I am suprised that the letterwriters have not written about this one yet I myself found about this one on another board. I own some of the other 'market darlings' such as MTO, ATW, NGG but this one looks like it has major upside potential. I do not own but have been watching this one.