Critical Metals

Dacha Strategic Metals Inc. (TSXV:DSM) announced that as of August 31st 2012, the estimated market value of it’s rare earth metals inventory was US$58.3 million, down 6.0% from July 31st 2012.

Dacha Strategic Metals Inc. announced that as of August 31st 2012, the estimated market value of it’s rare earth metals inventory was US$58.3 million, down 6.0% from July 31st 2012.

As quoted in the press release:

Assets include metal inventory and cash. At August 31, 2012, in addition to its metal inventory, which had an estimated fair market value of US$58.3 million, the Company had cash of approximately US$3.1 million for a total of US$61.4 million, or US$0.82 per share, based on 75.1 million shares outstanding, or, US$0.76 per share on a fully diluted basis of 93.9 million shares outstanding.

Click here to read the full press release.

MARKETS

Markets
TSX20265.37+83.93
TSXV662.61+2.53
DOW33999.04+18.72
S&P 5004283.74+9.70
NASD12965.34+27.22
ASX7112.80-14.90

COMMODITIES

Commodities
Gold1755.18-3.17
Silver19.35-0.16
Copper3.62-0.01
Palladium2151.00+9.00
Platinum911.000.00
Oil89.90-0.60
Heating Oil3.58-0.03
Natural Gas9.12-0.07

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