Douglas Lake Minerals Inc DLKM

Good volume

[nervous_norris]

Good volume, 441,800, price follows volume, traditionally...

[stockarchangel]

One thing is for sure: someone is blowing out their position, which was obviously pretty significant. The good news is, DLKM seems to be able to supply buyers for the shares, with a floor at or around .30. If you combine what's happening now with the "mysterious" 30,000 at the end of every trading session (which lasted most of summer), we're probably talking a few million shares.

[Urban_Renegade]

Agree on the "insider" hypothesis.........The question becomes...Why is he dumping his position so close to results? Knows of some bad results coming? Anyones guess really.

[AU_NB]

Somebody has started shorting DLKM ? https://imageshack.us/photo/my-images/15/screenhunter01thursdays.gif/ https://www.dataexplorers.com/products/data

[baconmaker]

My guess is that it's either Herm Rai or Harp Sangha blowing out their .5 cent paper. Rai because he needs the cash, Sangha because he's funding his new project. https://www.otcmarkets.com/stock/SHRK/company-info.That’s only my best guess. Unfortunately I’m in Calgary, so I’m not close to my source and never get to talk to the

[Urban_Renegade]

Even if the theory that one of those individuals needed cash were true, you would think that they would wait until Monday or Tuesday to sell....IF THEY KNEW THE RESULTS WERE GOOD. Really whats an extra couple of days if you were going to make significantly more money on your sale. However, you might very well sell if the opposite held true. Obviously we are all hoping for great results. Just some

[stockarchangel]

You'd have to be nuts to short with 5 days to possible assays and the R&R Conference, unless you have insider info on bad results. I don't think that's the case at all. More like a decision to reduce one's position over a period of 3-4 months. This has been going on for quite a while IMHO. The trade lots are suspiciously similar, like, what are the chances of identical trades

[tanzdevil]

Folks,Rest assured that no one, but no one, shorts at 35 cents for the following reason.The most you can make is 35 cents.On the other hand, if the co does find something, the stock could go to $10..It is just not worth the risk.......

[Yukon_Cornelius]

I concur Tanz. Imo, one of two things has been going on here; 1) Someone with a very large holding is taking some off the table as a hedge against bad results or 2) Someone has a vested interest in pushing the price down to favor someone looking to accumulate. Either seems logical to me. Not shorting. Not insider selling. Neither of those make sense in the face of pending results. T minus ONE