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Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Post by goldie111on Dec 15, 2009 4:46pm
524 Views
Post# 16590063

patience is the keyword

patience is the keywordFirst- thanks Toby for all your posts and insights, they're uplifting and informative when we're all news starved. Been weighing all the facts why I own and continue to own DLKM and just wanted to share a little with my fellow longs since this stock has done nothing but disappoint for so long.  

 1) By everyone who has been to Mkuvia -the accounts of the property are off the charts - gold everywhere
 
  2) 3 separate entities to work 1 property--no further cash costs to dlkm and a steady stream of income from partners and no stock dilution to fund company.  Mining license close to completion.

  3)A 30% take on a potential multi-million oz. property, in an environment in which I believe gold is just getting started (refer to jsmineset).   

  4)Chinese involvement when announced should take us up greatly, as why would anyone commit to a 10 -20 mil $ investment on a co. with an 18 mil. $ market cap if there wasn,t something very real.

  5)Additional properties-- Morogorra--Handini--Diamond property

     We all have to remember that to go from an explorer it takes time, money  and a whole lot of good fortune. A typical hard rock property can take up to 5 years plus and in the HUNDREDS of MILLIONS of dollars to get to production. I reread Toby's report from last March and remembered why I bought stock in the 1st  place  This could be one of those rare investments where you could see a 1000% return on investment. Just wanted to try and breathe a little life into a tired message because from what I read we're all tired, frustrated that it's not moving at our pace but I for one am willing to stick around for the better times just aound the corner.
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