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Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Comment by MontyHighon Dec 30, 2008 3:20pm
228 Views
Post# 15672195

RE: RE: RE: RE: Form S-8 filed today

RE: RE: RE: RE: Form S-8 filed today
I dumped last week after my spreadsheet analysis said very few samples were economic. An hour after I dumped I found an error in the spreadsheet. Still...

The conference call said pretty clearly that the assay results would come in units of g / cu m and that the economic threshold was .2g / cu m. My spreadsheet said, roughly, that if only the fraction of the 150 g per sample were analyzed (roughly 1/3 which would add up to 5.1 kg which is the amount of material that I heard somewhere was assayed) that you needed roughly 75 g/tonne assay result to be economic at .2g / cu m.

Anyone else get that result?

Anyway, my point is that the conference call said clearly that results were coming out on 141 samples and gave an economic threshold and gave the units of the results to be provided and... the results came out and didn't have any of those items from the conference call.

Anyway, at this point, I'm glad I'm done with this soap opera as I see other strong multibagger opportunities available.

I've never had good look on stocks with management I don't like and I'm afraid that's where I've gotten to on DLKM.

So, I wish you the best and think it might work out well for you, but I'm out for now and probably forever.

Kind of a mumbling post, but best wishes to you all.

MontyHigh
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