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Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Comment by JJ40on Oct 30, 2011 2:16am
231 Views
Post# 19193222

RE: RE: RE: RE: RE: Letter From Mengi

RE: RE: RE: RE: RE: Letter From MengiBased on what grounds should he resign? Is that even feasible given that this is his original land package? What leadership would then exist within the company? The current SP is going to test people at an emotional level. Low SP's are market wide. The TSX and most small cap mining stocks are way down. We are a bit diluted and cash will become an issue in the near future. However, there are 2 promising drill programs in place and the company has a vision to improve its reputation. How many letters to the shareholders did Harp send out? He did do the conference call back in 2009 and promised more. I do agree that we are currently not an attractive investment vehicle. We are a high risk decent reward IMO. I do believe that results will take the SP on a run late fall/early winter, as long as results are close to CAN numbers. I personally appreciate the fact that a letter was sent out to the shareholders by Mengi. It shows that he is conscious and considerate to investor opinion. I miss the days when the majority of posters on the DLKM boards were somewhat rational.
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