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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 kegastonon Nov 18, 2005 1:33pm
153 Views
Post# 9885630

DFI is correctly valued, I am sorry to say...

DFI is correctly valued, I am sorry to say...It is a well know fact in the industry that DFI resources had some zone higher then the feasibility and some zone lower. Furthermore, it is also a well know fact that DFI exploration work was not complete, it lacked some detail... Yes it was good enough to mine to rich stuff, but the weakness and lack of control over the deposit is now coming back to bite them, as they have to mine lower grade horizon.... The reason why they are only getting these low price is simple, IMO, the tool just cannot go to bed rock, therefore they are only mining the smaller size diamonds found on the surface....before the real pay dirt...this will teach them to buy an hold piece of Crap of Gemfarm....
Bullboard Posts