Bullboard - Stock Discussion Forum Damara Gold Corp V.DMR

Alternate Symbol(s): SLMZF

Metals & Mining Industrial Metals & Minerals

Damara Gold Corp. is a Canada-based mineral exploration company. The Company is focused on the exploration of the Placer Mountain Gold Property and VanLab Property. The Placer Mountain Property covers an approximately 16,381-hectare land package, which is located approximately 35 kilometers south of Princeton, British Columbia. Its VanLab Property is located in the Quebec territory of Nunavik... see more

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TSXV:DMR - Post Discussion

Damara Gold Corp > $DMR DD (info on Placer Mt.)

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Post by StockHawk1 on Jun 15, 2022 6:31pm

$DMR DD (info on Placer Mt.)

For those into gold jr's Damara Gold ($DMR.v $SLMZF) is an exploration company that I think could be pretty undervalued right now.

$DMR has a 75% interest in the Placer Mountain Gold Property which comprises 22 mineral claims covering over 8k hectares. Also Placer Mountain is located just off of highway 3 so it is highly accessible → https://www.damaragoldcorp.com/placer-mountain.html

This spring $DMR intersected high-grade gold assays from the Kodiak Zone discovery @ Placer Mountain. The drill intercepted 46.51 g/t gold & 32.2 g/t silver for 1.35m as well as 31.80 g/t gold and 47.3 g/t silver for 1.3m → https://www.damaragoldcorp.com/2022-news.html

$DMR's leadership is also solid IMO as its President and CEO is a veteran mine finder. + $DMR has a tight share structure and is heavy inside ownership.

$DMR took a dip today so it is looking pretty cheap/undervalued rn IMO @ $0.045 (MC is $3.128M)

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