Tne news on DRGZ is they look like they won't make it. Did you read their press yesterday? They have been technically insolvent for some time and it appears they may not bring the revenues to the table to make it. They are struggling to hold off their credits, I think we may see them filing for bankruptcy soon. Gut says that their strategy will do little if anything to protect current common shareholders.
SASKATOON, SASKATCHEWAN, Sep 18, 2009 (MARKETWIRE via COMTEX) -- Rostock Ventures Corp. (OTCBB: ROSV ) Rostock Ventures wishes to report that the company has acquired what management feels is a high impact gold prospect located in the Yukon, Canada. The property is approximately 3200 contiguous acres and has similar geological characteristics as recent gold discoveries in close proximity to this new prospect. This prospect lies within the globally prolific mining region call the Tintina Gold Belt. The Tintina Gold Belt hosts world-class deposits including Donlin Creek (29.3 M ozs Au Proven & Probable reserves), Fort Knox (3.8 M ounces P & P), Pogo (3.6 M ozs P & P), Dublin Gulch (2.7 M ozs Indicated resource); as well as past producers with remaining resources such as Brewery Creek (approximately 278,484 ozs produced, 145,000 ozs Indicated + 143,000 ozs Inferred Resources) and several advanced staged exploration projects including Freegold Mountain and White Gold.
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