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WSNC
Traders Alert
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 Elray
Gaming. Inc. (OTC:ELRA)
Online and mobile casino technology, smaller version of Zynga (ZNGA)
- 14 million outstanding, low float...target $0.50+
View Profile/Chart --- ELRA
Quote
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DUCP
Upgraded on $4.3 Billion Gold Merger
By:
staff reporter, John Bodger
Last Updated: June
13, 2012 - 1:09pm EST
(NEW YORK)--Ludlow Capital, an equity research firm based out
of New York City, issued research opinion on Daulton
Capital Corp. (OTC:DUCP),
with a valuation price target of $0.80 to $1.00 per share.
Investor Highlights
- Acquired $27 Billion in Gold Reserves
- Acquisition Valued at $4.3 Billion
- DUCP New President is a Multibillionaire
The Company recently conducted a reverse merger in which it
acquired the ARX Springs Gold project, located in the
Wide Bay Burnett Region of Queensland, Australia, which
a proven reserve of around 16 to 18 million ounces. Based on a
spot Gold price of $1500 that would give DUCP around $27
billion in Gold reserves under its belt.
Transaction Valued at $4.3 Billion
According to the Company, and its executives, the value of
this acquisition is being valued at around $4.3 billion. This
takes into consideration of future production, and around $22
billion in cash payoffs over the history of this mining
project.
President is Multibillion.
Upon completion of the merger, Mr. Arun Pudur was appointed
President of Daulton Capital Corp, which will eventually be
renamed to reflect the new mining company. Who is Arun Pudur?
Well according to information readily available on the net,
Mr. Pudur has a net worth of around $3.65 billion, and is one
f the richest men in South East Asia. He has an exceptional
track record with his investments, and DUCP seems to be his
new one here in the US. Read Mr. Pudur's bio here http://www.crunchbase.com/person/arun-pudur
$1.00 Price Target
With the Company, and executives providing a valuation on this
merger at $4.3 billion, and with DUCP now having around 4
billion shares issued and outstanding, that would give DUCP a
conservative price target of around $0.80 to $1.00 per share.
The float has remained the same from the prior shell, and from
the looks of the trading, DUCP could easily see its stock
start to move much higher as word of the size and caliber of
this deal hits the streets.
DUCP was last traded on Tuesday, June 5th, at a price of $0.11
per share.
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Contact:
Wall Street Newscast
Email: info@wallstreetnewscast.com
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Safe
Harbor Statements:
This
research report includes statements that may constitute
forward-looking statements made pursuant to the safe harbor
provisions of the U.S. Private Securities Litigation Reform Act of
1995. Although the Company believes that the expectations
reflected in such forward-looking statements are based on
reasonable assumptions, such statements are subject to risks and
uncertainties that could cause actual results to differ materially
from those projected.
Disclaimer:
This is NOT a solicitation to Buy or Sell any security, but rather
is for informational purposes only. Content contained herein
includes facts, views, opinions and recommendations of individuals
and organizations deemed of interest. Wall Street Newscast ("WSNC")
does not guarantee the accuracy, completeness or timeliness of, or
otherwise endorse these views, opinions or recommendations, or
give investment advice. WSNC, its affiliates, or directors, may or
may not hold a position in the above security from time to time,
and investors are encourage to consider this as a possible
conflict of interest when reviewing this information. In
Compliance with SEC Rule 17B Wall Street Newscast was compensated one thousand
five hundred dollars for ongoing research and media coverage. WSNC may hold a position
in above securities from time to time, and
thus should be considered a possible conflict of interest when
reviewing this report and information. These investments may
involve a high degree of risk, thus investors are highly
encouraged to consult with a financial advisor before any and all
investments.
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