Dacha Reports Assets of C$0.94 Per Share With Inventory Valued at US$64.8 Million

Dacha Strategic Metals Inc. (TSXV:DSM,OTC:DCHAF) announced that its inventory of rare earths continues to increase in value.

The press release is quoted as saying:

At May 27, 2011, in addition to its metal inventory, which had an estimated fair market value of C$63.3 million, the Company’s equity investments had an estimated fair market value of approximately C$3.7million and cash of approximately C$1.4 million for a total of C$68.4 million, or $0.94 per share, based on 73.1 million shares outstanding.

Click here to read the entire news release.