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DFR Gold Inc DFIFF


Primary Symbol: V.DFR

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

Bullboard Posts
Post by carolinacoaston Jul 26, 2011 9:52pm
350 Views
Post# 18876423

Nothing but good news here

Nothing but good news hereAffirmation of what was known historically, and as Quetzal derived a $20 stock based on what they reported.
They have listed all the "keywords" in their report. No problem that the share price dropped, but at some point, both big companies and big investors will have to realize- the next big gigs will be underwater, not on dry land. NUS leased property 4500m and down. Why? That is deep, deeper than Solwara, deeper than Atlantis II Deeps.

https://www.marketwatch.com/story/nautilus-awarded-exploration-tenements-in-eastern-pacific-2011-07-22?reflink=MW_news_stmp

I'm niave, but to me DFI, is "scooping up mud"- for the first 8m...sounds expensive only because someone throws out a cost of 80%, but sounds easy to permit. Sounds economically feasible, nonetheless. The resource is much greater- probably "open at depth..." When they dig deeper, this resource will become rediculous to calculate.

The only piece to the puzzle missing here is the willingness for investors to catch up to the reality that underwater mining is necessary. And, because investment isn't just based on tangible concerns, DFI reflects the idiocy of Wall Street. Manafa- deep pockets? Red Sea- environmentally permittable? The Resource - can innovation bring it to the surface? A2D, one of the first of many underwater ventures? C'mon big money. Grow a pair.
Bullboard Posts

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