Ludlow Research Issues Opinion on Daulton Capital Based on $20 Billion in Gold Reserves
NEW YORK, Sept. 19, 2012 /PRNewswire/ -- Daulton Capital Corp. (OTCBB: DUCP), (to be renamed Arx Gold Corp), a gold and precious metals exploration company, announced that Ludlow Research has issued an research opinion on the company based on market cap value, and their $20 billion in gold reserves.
Ludlow Research issued their opinion based on their $20 billion in gold reserves from their May 30, 2012 8K filing, and possible financing to move the company towards initial production at their ARX Springs mine property, located in the Wide Bay Burnett Region of Queensland, Australia. In addition, recent moves from US and European central banks have put prices for both gold, and gold equities, in a much more favorable light for the foreseeable future.
Report Highlights
- Holding $20 Billion in Gold Reserves
- Merger Valued at $4.28 Billion
- Major Debt Reduction of $142 Million
- Pending Closure of $50 million in Financing
- Preparations for Initial Gold Production
To download the full report, and access risks, disclosers, and potential outlook visit www.ludlowresearch.com/reports.html
About Ludlow Research
Ludlow Equity Research is a New York based equity research firm focused on providing our clients, and individual readers, with in-depth research coverage and opinions on the small-cap securities market. For over 14 years we have aimed to providing our subscribers a simple way of evaluating the current and potential value of small-cap stocks, and any risks that may effect those valuations going forward. Our goal is to provide traders with an easy way to make investment decisions based on current and future valuations. Ludlow Equity Research is a division of Ludlow Capital, Inc. www.ludlowresearch.com
To receive updates on the company, or to be added to Daulton Capital's mailing list register online at www.wallstreetnewscast.com/request/ducp.html
About Daulton Capital Corp
DAULTON CAPITAL CORP. (OTCBB: DUCP) is a natural resource company focused on precious metals. The New Management's corporate philosophy is to be a Share Holder Value creator, with the objective of exploring, acquiring and operating Gold projects in Australia and other countries to generate real value beginning with ARX Springs Gold Project in Queensland, Australia.
Daulton Capital has formed an experienced management team with the ability to take advantage of the tremendous opportunities that are available in the natural resource sector today. Our focus will be to explore, acquire and develop gold resource projects, and continue to invest in expansion of exploration activities and seek opportunistic special situations that can add to our portfolio of assets within the resource sector. www.daultoncapital.com
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For more information, please contact
Melissa Diaz
Daulton Capital Corp
Investor Relations
Phone: (917) 937-8968
Email: [email protected]
SOURCE Daulton Capital Corp.
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