Douglas Lake Minerals Inc DLKM

R & R Initiates Coverage Reported on Benzinga

[baconmaker]

Rodman & Renshaw Initiates Coverage of Douglas Lake Minerals with Market Perform
By Emily Austin
Benzinga Staff Writer
August 03, 2011 2:44 AM

Tags: Rodman and Renshaw
Posted in: Initiation, Analyst Ratings

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Rodman & Renshaw initiated its coverage of Douglas Lake Minerals (DLKM) with a Market Perform rating. On Tuesday, DLKM added 7.32% to its value to finish the day at
.44.
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[Yukon_Cornelius]

I'd be real interested to know if they put out a price target. If anyone catches wind of that- please post it. Thanks.

[traveller180]

Well Yukon, my personal target has always been in the neighborhood of $100 per, but like I said a while ago, someone please wake me when things start really happening.  lol

[Yukon_Cornelius]

 Rip Van Traveller? Are you missing a decimal point in there somewhere? lol It will all depend on the measured resource of course, but simplistically we can correlate from CAN.V reults- lets say ours are equal. And we have 4x the land coverage- but 50% more shares out- my simpleton math using $5 on CAN- x 4 = 20 minus a third- can I wake you up at 13 per share?

[traveller180]

ohhhh, Good morning everyone! Nothing like a good dose of reality to wake a person up...lol.Yukon, while I agree with and heartily respect your asessment, I would have to say that it is one possible scenario. I am not entirely convinced CAN is on the 'prime spot', as it were. The forthcoming drill results may prove me right or wrong, but between DLKM and RBYC, I think that there is a

[traveller180]

AND WHAT IS UP WITH ALL THE SPAM TODAY?!?!