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Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Comment by JJ40on Sep 17, 2011 3:27pm
259 Views
Post# 19054262

RE: Whack-a-molie - Insiders Dumping 5¢ Paper

RE: Whack-a-molie - Insiders Dumping 5¢ PaperThat is a plausible theory. On the other hand I think that it may be accumulation. Last year our SP dropped to .09 - .12 in August. "Out of the blue" the Handeni deal is announced and we ride up to .80 in the winter. Pretty decent gains right? Well right now, at .28, we are only .18 - .20 from those August prices. WTF? Serious?! The progress that the company has made since last year has been terrific. We are drilling on 2 very exciting properties and the aero surveying is showing 12+ potential targets. IMO, the buyer(s) waited to see the reaction of the conference. The SP moved a little upward but nothing major. Why not whack it down a bit and get more since the buying was not significant nor sustained? Some of the exchange amounts have been oddly coincidental. 29,900 shares at .29. 35,000 shares at .35. I don't know enough to get into the potential existing theories but I know this - even though I have a personal hang up on the share structure (which is lack of complete understanding on my part) I think that .28 is an absolute steal. I've been a consistent buyer at these prices. IMOJJ
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