Merry Christmas to me!!!!!!!I am back in at 23 CENTS!!!!!!!!!!!!!! WOO HOOO!!!
i dont know if this is a good or bad but I've always believed in this stock and I'm happy to be back home..
So i guess i can stop complaining now.. ha ha
Anyways.. there sure is a lot of new faces around here. Welcome aboard. For those who dont know me, I'm big on DLKM but I sold a month ago to try to make some quick cash. Didn't make any real money, but had some fun. I am a novice at gold mining in general but I do as much DD as i can.
Well here are my thoughts (which are usually positive)
For starters I would encourage everyone to listen to the conference call again, Harp shares some good info and I would take what he said as face value. He said there was 141assays results that we see now and that the real assay results won't come out till next year Jan (225 samples )and February (300-400 samples). In addition the true results that they are waiting on are the ones out of the concentrator that will happen in early next year. He mention productions 500-1000 cubic meters per day starting May-June of 09. He mention a collaboration on some railway projects that Chinese asked them to be middle man. He also mention dropping some green field properties and with the help of the Chinese to pick up some advance properties.
I have no clue what the assay result mean but like someone said I dont think DLKM would trick the chinese out of 3 million dollars. Not to mention that the chinese are on DLKM Board now and I'm quite sure they aren't fools. I also think the Chinese is in favor of capital punishment for being scammed... ha ha
If they can pan gold and BM can see it with his own eyes there gots to be some value on the land.
Harp may be vacationing somewhere and has no clue on what is going on.. Who knows....and from speaking to him awhile back he always said to me.....the stock price is not a reflection of what is going on in Tanzania, its a reflections of how people "feel", cause each and everyday the tanzanians are out working on the property... So right now we all feel scammed or confused and the stock shows that..., but no matter what we think..they still working over there trying to take this bad boy into productions....just cause the stock is down doesn't mean people are working less.
Also...here is what I know...23 cents is dirt cheap for a stock that swings from .30-.60...
Not to mention DLKM is infamous for these drop in stock screw up and then some pop in stock rumor. At this point I am in going to just play this thing for what it is and not get caught up in the MILLIONAIRE mind frame I used to be in....ha ha Not that I wouldn't like that.
If I can get a 100% return at this point I'll be happy, and at today's price I'm quite sure I will. There is also a lot of buying at .23 cents today with no movement.. Looks like the MMs are trying to accumulate on the sneak tip at the low .20s. This is a good day to average down...
GLTA...
I believe next year is going to be a good year though...and what we are seeing in the stock price right now are folks taking tax losses accompany by rumors and confusion.
Just remember the golden rule... buy low.. sell high