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Showing posts with label DGI. Show all posts
Showing posts with label DGI. Show all posts

Friday, May 23, 2014

$DGRI Could Become the Next Big Board Medical Marijuana Sector Company" #DGRI



"$DGRI Could Become the Next Big Board Medical Marijuana Sector Company" $DGRI on CNN http://ireport.cnn.com/docs/DOC-1135944

By CannaNews | Posted 4 hours ago

Traders have been very actively seeking out the next pre-summer runners in the OTC Markets lately, and there sure have been some good moves in 2014. One such company with a continuing spell of excellence lately has been Dutch Gold Resources, Inc. (OTC: DGRI). This company has continued to hold the interest of long-term investors and momentum traders, but why?

Recently, DGRI shares surged from $0.0005 to $0.0014, with previous runs hitting prices as high as $0.004. This is largely in part due to the company’s entry into the $2B and exponentially growing medical marijuana industry as a business service provider / financer. Today, May 22, 2014, the company issued an update on their corporate developments, which informed shareholders that the company plans to meet National Market Listing requirements for its board of directors by the end of Q3 2014. This would, needless to say, be a huge move for the company. They would be able to seek higher liquidity by attracting traders from other exchanges. The company also announced that they plan for their DTC chill to be reviewed and acted upon within the next six weeks. This is another factor that could increase the company’s investor base, and therefore potential liquidity. As can be seen, the company is taking large strides to promote their business above previous failures. They have set out to reduce their debts by selling off their mining subsidiary; this would improve the company’s balance sheet greatly. The company also plans to acquire current status in its reports to the SEC.

In addition to dealing with bureaucratic business, the company announced that it has been active in all three of its business segments, and they expect to generate revenue from each. This will also help to build up the balance sheets, while at the same time improving the company’s ability to reinvest in other projects and payout to shareholders through dividends, which they expect to announce before Q2 2014 is over.

With these huge developments underway, it seems the DGRI could feasibly become the next big board medical marijuana sector stock. The trading interest garnered by this diamond in the rough is not for nothing, by the looks of things.

Monday, October 17, 2011

Should you buy DGRI ( Dutch Gold Resources ) ?

farfromrich Member ProfilefarfromrichMember Level
Sunday, October 16, 2011 8:30:34 PM
Post # of 48912
Summary for Oct6,2011 Conference Call with DGRI Management. Please note that this is my interpretive attempt and not an exact transcript. A link to the archived web-cast follows this list of points.

1. The Minnie Moore Mine is located in Idaho, which is a mining-friendly jurisdiction.

2. The initial stages of the project is funded and we will not need to raise any additional capital in the first three phases that we do.

3. The project is in the area of many historically productive mines.

4. The property is fully permitted.

5. We have knowledgeable, cooperative partners that are positively incentivized to help make this a productive venture for all of us.

6. The waste rock/sand on this project can be sold as a profit stream.

7. The lens below the waste rock/sand layer is shallow enough to allow quick, easy, inexpensive access.

8. A sample given to Dutch Gold by the property owner was assayed to be "three to four thousand dollars an ounce".

9. Galena is heavy and takes less than 5 cubic feet to make a ton.

10. The sample was taken from a lens of galena 13' thick, at least 35' wide, not closed in width or depth. (The lenses historically mined were of a slight incline in nature, so the depth is not ascertained.)

11. A series of shallow holes will be drilled to define the lens and give us some good samples and also allow us to outline the geometry so that we can have our plan to open pit.

12. This will not be an open pit in the usual sense, the "nose" of the hill will be taken off.

13. Once the galena lens is defined, the drilling will move to an area of .3 oz per ton gold discovered by Exxon Minerals in the early 1980s. This mineralization occurs on the surface. Exxon did not perform any production. (Exxon and other companies started pulling out of the mining industry in a time of very low prices.)

14. The property owner pointed out an additional area of silver/lead/zinc mineralization that will be drilled. (The current property owner has been operating a quarry on this property for the last thirty years.)

15. Rauno will be doing further surface sampling while other work is ongoing.

16. Geophysical surveying will also be done along the trend of this geology to identify any galena lense(s) that may have been missed. Galena lights up very well on geophysical surveying.

17. We have been made aware of some other silver/lead/zinc targets beyond the Minnie Moore, but in the immediate region. We will be sequentially looking at many of these.

18. The property could be increased six to eight times the current size of the Minnie Moore Mine area.

19. An excavator will be brought in to cut some trenches in the spoils piles that are on site. This will be done to confirm historic asssays of 4 oz per ton of silver and 2% sulfide.

20. We will be starting up the bulk sampling at Basin Gulch over the next two weeks and expect to start having answers a week and a half to three weeks after we start the bulk sampling.

21. A Mining Engineer has pointed out some untested vein structures at Basin Gulch. The total project at Basin Gulch is huge and it will take a lot of exploration.

22. A dozen new claims were added to the Basin Gulch total project area to cover the new vein structures shown to Rauno by a Mining Engineer.

23. The gold system at Basin Gulch actually covers a couple of square miles.

24. The work on the high-grade areas at Basin Gulch will be started once some cash flow is established.

25. The cash flow generated will determine how many, if any, shares will be used for funding.

26. The need for ANY dilution could be TOTALLY eliminated if everything goes right in the fourth quarter.

(As I stated before, the points listed above are my interpretation of the points made by the company during the Conference Call held on Oct 6, 2011. The link to the archived web-cast is given below.)

Monday, September 27, 2010

Barron'S AND MAD MONEY FUND LIKE DGI

Barron's Likes the DigitalGlobe Picture, Sees Potential for 30% Rise in Shares (DGI)



In this past weekend edition of Barron's, reporter Neil Martin suggested that shares of satellite photo company DigitalGlobe (NYSE:DGI) could rise about 30% next year as it adds revenue from government and business contracts.

For example, the Greek government hired the company to find tax cheats by taking overhead pictures of homes looking for swimming pools - an often unreported, yet taxable, item.

Citing several Wall Street analysts, the article notes that the company's valuation on a price to EBITDA basis (7.7x) is below the industry average of 10x.

SmarTrend alerted subscribers to but DGI on July 28th at $27.62 per share. Since the alert, the stock has risen 15.6%. SmarTrend is monitoring these developments and will alert subscribers to any change in trend.











DGI WAS 1 OF MAD MONEY FUNDS TOP STOCK TO BUY FOR 2010