Post by
Yukon_Cornelius on Feb 01, 2010 1:34pm
Priceless
So Toby puts confidence in Ruby Creek and everyone is dumping their Douglas Lake now to buy RBYC?
That's what it looks like to me.. .20 bid and .229 ask for DLKM? lovely
Comment by
tobinator01 on Feb 01, 2010 2:07pm
I certainly hope folks aren't dumping Douglas here though the volume is quite thin. Confidence in one operator raises all boats and I hope people realize that. IMO, Douglas is sitting on an enormous gold belt and will do quite well. I'm holding onto my shares here and hoping the investment over there does well too.
Comment by
NEWBIE4141 on Feb 04, 2010 2:59pm
Do I understand this right??? DLKM is at .20 today and RBYC is at .25, when not long ago RBYC was at .05. I don't understand how DLKM could have had something like l/4M shares trading one day this week and still stay at the same price. Not really asking for an answer, just venting. Thanks for listening.
Comment by
tobinator01 on Feb 05, 2010 2:04pm
Share price comparisons of the two stocks is not valid. The reason is Ruby has 1/8th the shares outstanding of Douglas. Market capitalization is the primary metric for which comparisons should be made. At 21 cents, Douglas market cap is $15.2 million whereas Ruby at 25 cents is seven times lower at $2.18 million.