Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Desert Gold Ventures Inc V.DAU

Alternate Symbol(s):  DAUGF

Desert Gold Ventures Inc. is a gold exploration and development company. The principal business of the Company is conducting mineral property exploration in Mali. It focuses on its flagship 440 square kilometers Senegal Mali Shear Zone Gold project (SMSZ). The SMSZ project consists of Farabantourou project and Farikounda project. Its SMSZ Project is located in the country of Mali and overlies a 38 kilometers section of West Africa’s prolific Senegal Mali Shear Zone. The Company also consists of two-concession blocks (the Sebessounkoto Sud project and Djelimangara project, collectively the Altus Permits). It also has an option agreement for the acquisition of approximately 95% interest in Linguekoto Property and an option agreement for the acquisition of all the rights of a research permit in the Sola West area. Its subsidiaries include Desert Gold Ltd. and Desert Gold Mali S.A.R.L.


TSXV:DAU - Post by User

Post by stocksnbondson Aug 25, 2020 12:58am
171 Views
Post# 31448702

News today?

News today? Hopefully we finally see the news this management has been saying we will finally receive. 
The last PR was dumb. It was a PR to tell us there would be a PR. The only news-worthy items were certain basic comparisons. That was interesting albeit not new. It was info in one place-yes-- nothing new. 

Looking for new news on the holes drilled. Results which will be used in a maiden resource calculation. That's something that will move this stock to multiples of where it sits now. I was happy to see the PP taken up positively albeit the kicker was at 40 cents. That's not too far off so not much risk for PP investors. DAU needing to pay a 7% finder's fee. That's high. Would have liked to see positive results released earlier so less dilution. Could it be that the results are not good? Time will tell. I have a boatload of this stock paid at market prices unlike the PP folks -- lucky you!

Until results start coming in to the shareholders, we really don't know what's in the ground in their main drilling sites. The only good PR we've had is the company's paid advertising to stockhouse! 

By the way to a recent poster-- Buffett Buffet doesn't like DAU. He doesn't know it exists. He invested in Barrick Gold due to juicy and plump profit margins. He actually is on record hating gold as it doesn't pay a dividend. Buffett likes industries which have very high barriers to entry and enjoys making those juicy profits with those high barrier entry indutries.  Banks, railways, insurance companies, Apple, Coke, Gillette -- basically 75% of his holdings. 

Good luck all. Seems Tuesdays are a good release day for news. Hopefully we get something. One can hope right? 

sb 
<< Previous
Bullboard Posts
Next >>