Well, depending on the context, it can mean:
I like you. (romantic)
I like you. (platonic)
Or it can mean that the person likes something about you. Maybe your clothing style, your attitude. In a question, it can mean, "Do you understand?"
"Ya dig?"
"Can you dig it?"
It's a slang expression, and not very common anymore. When I was younger, it was much more commonly used.