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Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Post by USMCon Feb 10, 2009 7:44pm
219 Views
Post# 15768615

Should we develop or sell ?

Should we develop or sell ?There will be plenty of financing if DLKM is what it appears to be.    Would we be better off to sell or development ?  At this point it probably dosn't matter much....THE CAT IS OUT OF THE BAG .  If Barrick made  an unrealistic offer for 90 million oz. on the surface ....other majors would jump in with higher bids.    Any offer would be mostly shares of the acquiring company as per usual.    Best scenario and quickest development......two or three majors competing.    However, I doubt China would let DLKM slip out of their control considering their desire to be rid of U.S. dollars in favor of PMs and commodities.   Would we take one tenth of their 1500 billion U.S dollars in their reserves?    USMC
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