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Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Post by stockarchangelon Oct 30, 2011 9:36am
385 Views
Post# 19193341

Chairman's Message

Chairman's MessageA MESSAGE FROM THE CHAIRMAN To our Shareholders: This past year has seen a lot of changes in our Company. We have acquired an exciting new property – our 100% owned 800 sq km in the Handeni district of Tanzania. This property lies within an emerging rich gold mining district and has already produced some promising drilling results. Our exploration operations are headed by Dr. Reyno Scheepers who is one of the leading geologists with extensive experience of the rapidly emerging Handeni Gold District. Under the direction of our new Executive Team, you can expect strong leadership, committed to our vision for growth. Focused and engaged, your Executive Team is dedicated to creating an organization that delivers superior returns for shareholders. We are committed to, amongst other things:- Improve the management and image of the company Implement sound business ethics and governance. Create a truly independent value adding international supervisory Board of Directors Form a highly experienced technical and project development advisory committee Enhance our Shareholder and Investor base beyond North America. To reduce future shareholder dilution, one of the options under serious consideration is the possibility of small scale alluvial mining on our Handeni asset. Through this, we may be able to fund and concurrently fast tract exploration efforts on the already identified high potential targets on our 800 sq km property without having to return to the market in the short to medium term. The Executive Team is also exploring the benefits of rebranding the Company. We value and appreciate the support of all of our stakeholders, and are working towards an improved and proactive Investor Relations Program. Here are some of the communications that you can expect from your new Executive Team at DLKM: Regular and ongoing press releases regarding our drilling results and field operations A periodic e-newsletter that will be emailed to our stakeholders, and posted on our web site A Face book page has already been created which is being updated on a regular basis A new and improved web site is under development An open and engaging relationship with our stakeholders that encourages regular feedback and suggestions. As your Chairman and also a shareholder in DLKM, I am committed to the success and growth of our company. I look forward to keeping an open dialogue with you, our valued investor, with regard to our ongoing discoveries and future growth. Sincerely, Reginald A. Mengi CHAIRMAN OF THE BOARD.
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