DOUGLAS -RUBYHi Douglas Lakers. I will give my take on these companies. Both companies should do what canoco did. They had backing from a nationaly known company that came out with a speculative buy on canoco. They also have at least one news writer giving a buy recommendation on the stock. Both companies need press. No newsletter writer has recommended either one of these companies yet. You did not see the news Douglases release on Kitco or anywhere else. I will take that back. I was shocked this morning to see vantage wire alert to come out with some press about Douglases news release this morning. Both companies need to raise money but they will have a rough time doing this with all the negative press that Moriarty and his boys have come out about both companies. The average investor reads these newsletters and I feel Moriarty has done major harm to Douglas and Ruby. We know Douglas has good properties and larger land package than canocos as good if not better than canocos. Douglas has to raise money and start drilling as fast as they can to get drill results out before the next rainy season starts in Tanzania. this will raise the stock. Ill wager that insiders at conoco were buying Douglas on the cheap hand over fist. They know what Douglas has.. I think Rubys stock should rise with some good test mining results or when they get there mining liscense. Its a much tighter stock than Douglas. Douglas has a JV with Ruby which should bring money into Douglas
We should see the stock rise further with the new management of the company. Harp was a one man show and he did a made a lot of mistakes but who started the company and went out and got these properties. Harp must have had many companies against him that were trying to pick up all these properties around canocos. Even canoco was trying to pick these up. Congrates Harp you did a fantastic job.