Drake Gold Resources, Inc. (DKGR) is a property development holding company focused on developing projects through acquisitions that focus on income producing properties including real estate, petroleum and precious metal mining.
The Company’s current portfolio consists of an ownership interest in a real estate development company which owns or owned several income producing properties evaluated for redevelopment into apartment complexes.
KEY POINTS
The Company's current portfolio is focused on real estate, petroleum and the precious metals industry.
Management team being appointed in conjunction with new transactions.
Management intends to complete several property acquisitions in (early) 2012.
The Company currently owns part of a real estate development company.
Shares outstanding are approx. 700M shares and the float is approx. 400M
2-year price high is $0.0023. Recent price $0.0002 (01-20-12).
Through diversification of investment, Drake is building a well rounded portfolio establishing tangible value for its shareholders while minimizing both short-term and long-term risk.