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Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Comment by stockarchangelon Jun 02, 2008 1:13pm
186 Views
Post# 15134995

OP6

OP6The guys playing the markets today are much more sophisticated than in the past. The wording of that NR is vague enough to ask questions.  I've been reamed enough times with glorious announcements that I tend to look in all directions before I bend down to adjust my socks LOL. When that check is deposited and clears the cashing process is when I'll feel comfortable. BTW, even the property acquisition NR was a little suspect to me, though I didn't mention it here at the time.  When you say "we've acquired" something, in my neck of the woods it means I've paid for it, have title and deed, and there is no way anyone can take it away.  If you read the NR diligently, "closing" is expected by June 30. To me, you have not acquired anything. The same with today's announcement.  The Chinese have not made any kind of equity investment until we have that first tranche. Then, and only then, will the vast majority of sheep feel good enough to come barreling into our party. I have plenty of reasons to hope everything goes well for us, not the least of which is a portfolio of way too many shares LOL, but today's announcement just didn't do much for me.
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