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Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Comment by stockarchangelon Oct 22, 2010 5:54pm
334 Views
Post# 17601185

RE: RE: More on Canaco and Sonora

RE: RE: More on Canaco and SonoraMaybe. Scuttlebutt out of Tanzania is the leases/licenses are owned by a relatively prominent politician, with SOC in a signed agreement to purchase those leases/licenses from him. CAN was drilling or drilled on that property, owner found out and filed a grievance with the MOM. This should get interesting as details are released.  One SOC insider just forked over at least $279,804 to purchase shares or exercise his options (yesterday). I'm thinking SOC is probably in the driver's seat here, especially if some of CAN's assay results were on the disputed land. SOC can name their price as I see it. Either CAN has to pay a lot of cash/shares or SOC has a major play with drill results already in the books at no added expense LOL.
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