DLKM Discovers Gold in the Hills of HandeniFinally the news...
So that's why the stock went up so much since August and the insiders were buying at 10 cents.
This is exciting. If you compare the price of DLKM to Canaco on per share basis and market cap, assuming DLKM get the same stellar results, it should be trading at...
Canaco Resources -- 135 Million shares x $4.00 = $540 Million
Douglas Lake Res -- 216 Million shares x $.40= $86 Million
Assuming Douglas gets similar results to Canaco because they bought the properties next to the gold strike results, then our stock should pop up to around $2.50.
And if Canaco hits the TD Securities target of $6.00, then Douglas could pop to $3.75.
And with some good news from Ruby Creek and Mkuvia...who knows how high the sky is on Douglas Lake.