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Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Comment by OpiNioNated6on Sep 19, 2008 11:52am
299 Views
Post# 15470116

RE: Monday.....

RE: Monday.....Des, your enthusiasm is nice to hear, however, there are still things that need to be done. Even though this thing could pop like some others have, they still have a lot of work to do, so don't get too excited that this is going to happen next week. I think over the next couple of months we could see some movement back to the $1 range and higher when some things kick in with the chinese that have happened over the last few days. After that, we need to see a report that would rival a 43-101, since we can't get a 43-101 due to this being alluvial, and that would need to come from the chinese end for the credibility. I have also heard the 60mill oz too, and no doubt that there is potential there, but, in my opinion, don't expect that in the report. The magic number that may show up will probably be in the 30mill oz range. (of course, this is all in my very humble opionion only) An amazing number any way you look at it. Then there is the question of when and if they will list in Hong Kong. It would make sense since a lot of the big players in this now are all coming from there. I for one am happy about the chinese because they do things differently than North America does. Tigmr has the credibility over there and that being backed by a report done by their top geologists, a listing in Hong Kong, and once they are all positioned, well.....your guess is as good as mine. I think that the chinese have the mindset of go big or go home and I think their eyes are wide open on this one. Basically before all this started, the chinese wanted into Tanzania and they were told to do this through DLKM due to the relationship that Harp has been building over the last few years. They are now coming in like a comet streaking through the sky and all we want to do is hope to hang on to the tail. Harp may not be a major mining guy, but he is amazing at keeping relationships and building on them. He has done an amazing job over there and the boys in Tanzania love him and that is where loyalty comes in. If he gets replaced, there runs the risk of someone coming in and ticking off the officials over there with the way he works. Even the slightest possibility of this is not worth the risk. I have personally seen this happen in the past and an amazing deal tanked within 2 months. Angel and KOTK probably know which one I am talking about.

Basically don't get hung up on time here. If this thing proves up to be what we are all hearing, it will go. I am personally thinking that some big numbers "could" come in some time next year. Hopefully early in the year. There will be no short cuts taken and things over there will be done properly to assure no hiccups. When you take shortcuts is when the wheels could start to fall off.

Nice to see some movement today though!!
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