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Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Post by JJ40on Feb 04, 2011 12:54am
269 Views
Post# 18073982

Ruby Jumped 25% today

Ruby Jumped 25% todayRBYC had a nice jump today.  Obviously DLKM's focus is Handeni.  However before Handeni, our hopes were pinned on the success of Ruby Creek.  Supposedly DLKM has 4 mil shares of Ruby.  I wonder the impact those will ever have on DLKM shares?  Where do the payments stand, etc?  I know that we all want Ruby to succeed, but I wonder how this whole RBYC/DLKM deal will play out with their focus now on Morarity's property.  If DLKM didn't have Handeni, I'd be very concerned about my DLKM shares.  They would probably be worth less than a bag of marbles at this point.  That side of DLKM is a bit of a mystery to me.  I think that it may be a lot longer than we think before we see that 20 or 25 percent shared profit.  I was hoping for 2011 sometime.  2013 or 2014 now?  Are they just going to move their camp and hang out on Morarity's land until they get a license to mine Mkuvia 1?  I'm just thinking out loud here as a DLKM investor with RBYC interest.

In Handeni We Trust

IMO
DYDD

JJ
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