RE: RE: anyone here think thatI too am betting a substantial amount that the geological trend runs well into DLKM's property, some of Canaco's best holes were at or near Douglas Lakes property line and gold has been in the ground a lot longer than any property boarders put up by mankind.
I agree with Tanz that the management has a 'colorful' past but I think this is different;
a) They have hired someone with a lot of experience to oversee the drilling program.
b) A private placement has just been completed so Douglas Lake is flush with cash to see their drill program through.
c) My understanding is that they are lining up the people and equipment to begin drilling after the rainy season.
It's a gamble like anything else so do your own D.D. but I felt the same way when I bought my Canaco shares @ $.56
Nick