DFR Gold Inc DFIFF

Primary Symbol: V.DFR

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.

TSXV:DFR - Post by User

DFR Gold Inc

Bullboard Posts

Post by TechnicalBuyon May 16, 2011 3:27pm

425 Views

Post# 18583602

Update

I spoke with Wayne. 43-101 out in a few weeks. Delayed due to large # of core samples and a backlog at the labs.
I think the risk reward is phenomenal. This could be a $10bn+ deposit. Voisey's Bay went for 4.3bn. Let's hope for a repeat.

ps. gold #s were just the tip of the iceberg. if the economics are there, the money will be there. Nobody has ever had trouble raising money for an economical mine, especially when your partners are Oilionaires.

TB
technicalbuy.com

Bullboard Posts

Options trading in a volatile macro environment