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Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Post by MontyHighon Aug 06, 2008 1:52pm
297 Views
Post# 15362447

Clarifying Conversation W/Harp Sangha

Clarifying Conversation W/Harp Sangha
Just had a conversation with the CEO of Douglas Lake.

He clarified some things discussed this morning:
(a) When Douglas Lake entered into the JV for the prospecting rights it includes the mineral rights to mine what is found. Have the board member who is a key guy in the permitting process is going to help going down the road.
(b) The guy in Tanzania who Douglas Lake entered into the JV with did in fact get his initial 1 million$ payment.

I'm getting more comfortable with the DLKM situation. I think the recent board member announcement and the in-country alluvial expert contract for exploration were very good moves.

Monty
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