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Bullboard - Stock Discussion Forum Douglas Lake Minerals Inc DLKM

GREY:DLKM - Post Discussion

Douglas Lake Minerals Inc > WTF
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Post by Des1302 on Feb 24, 2009 9:40am

WTF

Does anyone have any insight?  is that a private placement??  WTF?  is this good or bad?
Comment by tobinator01 on Feb 24, 2009 10:20am
Relax.  All this was is an institutional cross trade.  These big cross trades for thinly traded issues usually aren't price movers.  Many times someone will call market makers and say I want to buy or sell 5 millions shares, for instance.  The MM's whose responsibility is to not have trade exaggerated one way or another and will go hunting to fill the order.  My ...more  
Comment by MontyHigh on Feb 24, 2009 11:21am
Its a report from a visit to the site in Sep 08. Doesn't say anything about grade. Has a bunch of geological detail. Says there is a bunch of other minerals there. I think they said .5 g/tonne copper which is probably economic since its right at the surface and is already sand. I may try to fight thru it, but I don't really have that much DLKM. Overall it confirms (with yet another set of ...more  
Comment by RicherNow on Feb 25, 2009 12:19am
This is a well written report on Mkuvia and adds to the previous report on the gold placer property.  It does contain more confirmation from another author that the deposit exists and that it is extensive.  Here is another writer that confirms what others have said... there is gold in the massive sand and the conglomerate layers. One point that the author makes is that some sample pits ...more  
Douglas Lake Minerals Inc
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