Douglas Lake Minerals Inc DLKM

Anybody have access to the LV II?

[JJ40]

Volume is up but the SP isn't going anywhere.

[stockarchangel]

Looks like both accumulation and an attempt to clean up the stock. Park yourself with a huge bid at .10 and let the weak hands come to you.

[Yukon_Cornelius]

StockArch- how many of those 22mm nickle shares you think still need to be absorbed? Hard to know for sure I know, but that overhang will continue to be a price killer imo.

[JJ40]

Oh, thats right Yukon.  Good point.  

[Yukon_Cornelius]

Wish that wasn't so- but it is one logical explanation for our lack of a pop today on that kind of news and volume.

[sittingbullish]

Nope, still doesn't make sense to me... Let say I own one MILLION shares at .07 (which I don't).. my B/E is .38 ... and I just saw these drill results... why would I keep on selling making .03 profit, when I can play the long game and increase profits many-times over..... we've got proven gold, whether we mine it ourselves, sell out.. whatever...  makes no sense...

[sittingbullish]

Yukon, (or anyone smarter than me) ...  a couple questions: 1. can any kind of "inferred resource" be calculated from these results? 2. how much is economic to process.?  I'm talking about the stuff .72 at 40 meters .68 at 29 meters ?  where is the breakeven? There seems to be gold freakin' everywhere... pps quiet, board not very excited.... I am waiting for

[Highwired7]

I think Harpreet needs the capitol now, to pump up Sharprock as well as sticking it to Douglas for ousting him. Don't underestimate his underhandedness, he is NOT a very nice individual. This scenario makes more sense than most else I've read here.