|
Dutch
Gold Resources (DGRI)
Website:
www.dutchgoldresources.com DGRI
Successfully Shipped in Excess of 800 Ounces of Gold in
March.
To
learn more about Dutch Gold Resources Click
Here.
For
the latest News and Quotes on DGRI Click
Here.
Overview
Dutch Gold Resources
(DGRI) is engaged in the mining and processing of
proven gold reserves in North America. Dutch Mining
currently operates two mines in southwestern Oregon,
consisting of the Benton Mine which it leases and the
adjacent Gold Bug Mine, which it owns.
The company presently has
24 gold-mining claims, including 8 patented claims and 16
claims located on U.S. Forest Service land, the Benton
Mine and the Gold Bug Mine. The company also operates the
only large scale mill in Oregon, adjacent to both the
Benton and Gold Bug Mines, with capacity to process over
120 tons of ore per day.
DGRI
Investor Highlights
- DGRI
successfully Shipped in Excess of 800 Ounces of Gold
in March.
- Announced the successful
upgrading of their mill in Grants Pass, Oregon, the
only commercial mill in the area, resulting in a 175%
increase in capacity. Utilizing the newly upgraded
mill, the Company successfully completed three
shipments during the month of March.
- The increased capacity
is expected to process the Company's production for
the next 24-36 months from the Southern Oregon
holdings.
- The Benton Mine, a gold
mine located near Grants Pass, Oregon, has proven and
probable reserves in excess of 235,000 ounces of gold.
- Dan Hollis, Chief
Executive Officer of Dutch Gold Resources, stated,
"We're pleased to have commenced regular gold
shipments. This inflection point marks the Company's
successful transition from a testing phase to a
production stage.
- DGRI anticipates
significantly higher ore production throughout Spring
2007 and the balance of 2007, as a result of a larger
complement of mining personnel and improved road
conditions and the mine improvements that have been
implemented year-to-date.
- DGRI's strategy is to
focus on overlooked resources which can be quickly and
cost-efficiently brought into production.
- Announced it plans to
become a fully reporting company with the Securities
and Exchange Commission at which time it expects to
list on the Over The Counter Bulletin Board.
Recent
News and Press Releases
Dutch
Gold Resources Reappoints Benton Mine GM, Begins Drilling
Initiative
Dutch
Gold Resources Reports Initial Gold Sales
Dutch
Gold Resources Completes Major Mill Upgrade
Dutch
Gold Resources Announces Plan to Become Fully Reporting
With the SEC
Dutch
Gold Resources Updates Company Progress Commences 2007
Production Program
Financials
Approximate as of April 17, 2007
Market
Cap: $43 Million
Outstanding
Shares: 30.3 Million
52 High /
Low: $2.35 / $1.05
Price: $1.42
SmallCapReview
feature stock reports are intended to be stock ideas,
NOT recommendations. Please do your own research before
investing. It is crucial that you at least look at
current SEC filings and read the latest press
releases. For continuing coverage of DGRI please sign
up for our free newsletter. Information contained in
this report was extracted from current documents filed
with the SEC, the company web site and other publicly
available sources deemed reliable. For more information
see our disclaimer section, a link of which can be found
on our web site. This document contains forward-looking
statements, particularly as related to the business
plans of the Company, within the meaning of Section 27A
of the Securities Act of 1933 and Sections 21E of the
Securities Exchange Act of 1934, and are subject to the
safe harbor created by these sections. Actual results
may differ materially from the Company's expectations
and estimates. The information provided in this report
is not intended for distribution to, or use by, any
person or entity in any jurisdiction or country where
such distribution or use would be contrary to law or
regulation or which would subject us to any registration
requirement within such jurisdiction or country.
Copyright
SmallCapReview. All rights reserved. SCR is not a Registered Broker/Dealer or
Financial Advisor, nor do we hold ourselves out to be.
All materials presented on our web site and individual
reports released to the public through this web site,
e-mail or any other means of transmission are not to be
regarded as investment advice and are only for
informative purposes. Before making a purchase or sale
of any securities featured on our web site or
mentioned in our reports, we strongly encourage and
recommend consultation with a registered securities
representative. This is not to be construed as a
solicitation or recommendation to buy or sell
securities. As with any stock, companies we select to
profile involve a degree of investment risk and
volatility. Particularly Small-Caps and OTC-BB stocks.
All investors are cautioned that they may lose all or a
portion of their investment if they decide to make a
purchase in any of our profiled companies. Past
performance of our profiled stocks is not indicative of
future results. The accuracy or completeness of the
information on our web site or within our reports is
only as reliable as the sources they were obtained from.
The profile and opinions expressed herein are expressed
as of the date the profile is posted on site and are
subject to change without notice. No investor should
assume that reliance on the views, opinions or
recommendations contained herein will produce profitable
results. SCR may hold positions in
securities mentioned herein, and may make purchases or
sales in such securities featured on our web site or
within our reports. In order to be in full compliance
with the Securities Act of 1933, Section 17(b),
SCR will disclose in it's disclaimer,
what, if any compensation was received for our
efforts in researching, presenting and disseminating
this information to our subscriber database and
featuring the report on the SCR web site. SCR
has been compensated thirteen thousand
dollars
by a third party (Xsellmarketing) for its
efforts in presenting the DGRI profile on its website
and distributing it to its database of subscribers. SCR may decide to purchase
or sell shares on a voluntary basis in the open market
before, during or after the profiling period of this
report.
THE
READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE
DILIGENCE BEFORE INVESTING IN ANY SECURITIES
MENTIONED. INVESTING IN SMALL CAP SECURITIES IS
SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK.
We
encourage our readers to invest carefully and read the
investor information available at the web sites of the
Securities and Exchange Commission (SEC) at: http://www.sec.gov
and/or the National Association of Securities Dealers
(NASD) at: http://www.nasd.com. Readers can review all public filings by companies
at the SEC's EDGAR page. The NASD has published
information on how to invest carefully at its web site.
|
