Stock Guru Blog: (DGRI) Dutch Gold Resources, Inc. — 7% Gold Price Increase = 25% EBITDA Increase for DGRI
Stock Guru Profile News Blogs The Benton Mine is IN PRODUCTION. The Gold Bug Mine is ready to come on line. They are both U.S. mines in southern Oregon. The mill — which DGRI owns — is within driving distance of both mines and can handle the production from both. DGRI understands the cost to mine and mill. These costs are in place and analyzable at this point. DGRI is a low cost producer of GOLD. DGRI estimates that every time gold prices increase seven percent their EBIDTA will increase twenty-five percent. DGRI knows what it is looking at for…