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Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Comment by Urban_Renegadeon Aug 10, 2011 12:30pm
215 Views
Post# 18926633

RE: RE: RE: Spot gold hit - Urban Ren

RE: RE: RE: Spot gold hit - Urban RenYukon,
Perhaps my frustration oozed its way into my post. I am not saying Douglas is not a great deal at these prices. I am just tired of watching gold go through the roof while other Juniors soar with it while Douglas remains in neutral. That being said a couple of points, 
- Your comment about the share float (then compared to now) is irrelevant for most investors. Yes there are more shares outstanding and as such a larger market cap, but most investors (unless you have been accumulating.....which i have been this week by the way) have not had a magic adjustment of their shares to coincide with this increase in market cap therefore have seen no appreciation in their value. 
-You can make as many "conservative" predictions as you like but that doesnt change the fact we are currently a mid 30 cent stock at the moment. I have been listening to these predictions of grandeur of where we will be in x amount of months for 4 years now. None of these predictions have materialized. Again, i am not saying they wont this time. I have never been more confident in DLKM as i have been until now. The point is simply we are where we are now.....and that is not where we should or could be. Yes maybe we will be there next week or next month....but we're not now. Frustrating for those of us who currently own....A GREAT DEAL FOR THOSE OF YOU WHO DON'T!!!
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