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Bullboard - Stock Discussion Forum Douglas Lake Minerals Inc DLKM

GREY:DLKM - Post Discussion

Douglas Lake Minerals Inc > Rodman & Renshaw Initiates DLKM coverage!
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Post by Yukon_Cornelius on Aug 03, 2011 9:34am

Rodman & Renshaw Initiates DLKM coverage!

Well that's some good 'get out the word" press.
Was on my TDA account this morning. No article- simple that Rodman initiates with "market perform"
We'll take it! Any other on-line brokers showing it?
Comment by 8saturday8 on Aug 03, 2011 9:55am
From what I heard Rodman and Renshaw are about to come out with a research report that they have been working on for a while. I think Rodman and Renshaw has stock in Dlkm also.
Comment by Yukon_Cornelius on Aug 03, 2011 10:07am
Typically that report is what they would issue to their paying clients when initiating the coverage. And yes, R&R participated in the last funding round from March. They do have a vested interest.
Comment by traveller180 on Aug 03, 2011 11:43am
Strictly IMHO here but that rating seems slightly on the conservative side. Actually, it is a bit refreshing that they are not padding their position with their rating at this point. I am still of the opinion and will continue to personally rate this as an accumulate up to and including $1 per share.
Comment by Yukon_Cornelius on Aug 03, 2011 11:57am
Trav- Pretty standard that a first timer out of the box rec as such will be tempered. They have to leave themselves room for the upgrade they'll put out on the Drill results! This was just the attention-getter. All imo, but I've seen this act before. Don't get me wrong- it's all good- and how the players play their game. Hooray for us!
Comment by traveller180 on Aug 03, 2011 12:44pm
Agreed on both counts...DLKM! DLKM! RAH RAH RAH!!! imo.
Comment by tanzdevil on Aug 03, 2011 7:30pm
The Rodman report that I read said that they believe DLKM :.1) could find a multi-million ounce resource on their Handeni propertyand2) DLKM has the chance of merging with Canaco to develop the Handeni project.
Comment by tanzdevil on Aug 03, 2011 7:55pm
3) Could become a takeover target from a major...I think I have a lot of 40 cents to speculate on DLKM till September when the results of drilling currently going on will be released.
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