X0306
4
2012-11-20
0
0000701719
DGSE COMPANIES INC
DGSE
0001492351
NTR METALS, LLC
10720 COMPOSITE DRIVE
DALLAS
TX
75220
0
0
1
0
Common Stock
2012-11-20
4
P
0
2000
5.36
A
5032442
D
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.35 to $5.36, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
Figures in Column 5 exclude the 1,628,014 shares beneficially owned through a proxy for which the Reporting Person does not have a pecuniary interest. Figures in Column 5 also exclude derivative securities reported in Table II.
/s/ Carl D. Gum, III
2012-11-20