DMG dragon mountain gold limited

re: Ann: September 2012 Quarterly Activities ... "DMG continues...

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    re: Ann: September 2012 Quarterly Activities ... "DMG continues to maintain the XPPM licenses held at Urumqi in North Western China."

    If I remember correctly, this is why I originally got into DMG, then Pan-Pacific Gold. Just digging around a 2007 report... "The results of mapping and sampling at Sahentohai, which demonstrated the areal extent of the alteration and the number of gold anomalous zones, indicate that it is a very large, gold-mineralized system with the potential to host a
    multi-million ounce resource."

    So, now DMG has these licenses and $6mil.

    "The Company has a cash balance of $6,027,787 at the end of the quarter. The Board is currently assessing projects in Australia and worldwide in an attempt to secure a new project for the Company. To date no project has attracted the attention of the board. The board will continue to assess projects as they are identified.Robert Gardner "

    Plenty of undervalued projects around. I understand Mr Gardner is a veteran and quite capable. Could it be the second coming of DMG... gold about to rise significantly, excitement returning to the sector, a good prospect picked up cheap just before the market turns, finance secured plus a major investor on board... hmmmm. Is it worth at punt at 2c?
 
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(20min delay)
Last
0.6¢
Change
0.002(50.0%)
Mkt cap ! $2.368M
Open High Low Value Volume
0.5¢ 0.6¢ 0.5¢ $7.912K 1.331M

Buyers (Bids)

No. Vol. Price($)
1 119394 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 125000 1
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Last trade - 15.46pm 31/07/2025 (20 minute delay) ?
DMG (ASX) Chart
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