Douglas Lake Minerals Inc DLKM

That settles the December debate.

[tobinator01]

Remember the agonizing couple of weeks we had debating what the resource grade would be.  One camp arguing 0.019 g/ton and the other in the 10 g/ton.  This puts to rest what we tried to calculate that the resource grade is 1.6 g per cubic meter and the conglomerates at 2.6 g per cubic meter.

Just for grins lets say we have 1.74 billion cubic meters with 1 gram per cubic meter.  That is 1.74 Billion grams and at 31.1 grams per troy ounce, we have a blue sky potential here of 56 million ounces.  About 1/10th that number would be a world class deposit.

[w256mgr]

Its massive we should see a kick in the stock price now 

[Des1302]

PREACH ON TOBY!!! PREACH ON!!!

[Des1302]

We'll see it move eventually MGR...  News on a day the market is down 400 doesn't help... but in any manner this is good news and shows the stock is worth holding on to!!This is great news!!!

[dcrain]

Toby, I don't see how this does anything more than raise questions again. He took small parts of some of the the concentrate samples and sent them for evaluation. It really looks like he cherry-picked the concentrate. Since the lab can only evaluate what they were sent, extrapolating from a small amount of a portion of some of the concentrate samples doesn't

[Des1302]

Yall will never be happy unless they find a 150,000 ton solid gold rock with diamond particles sprinkled on it.....ridiculous..  Look at the assay results.. Who would cherry picks below economical grade minerals....   if he was cherry picking they would all be over economical grade... or be of less samples..

[handbell]

~~~He took small parts of some of the the concentrate samples and sent them for evaluation. It really looks like he cherry-picked the concentrate. Since the lab can only evaluate what they were sent, extrapolating from a small amount of a portion of some of the concentrate samples doesn't make a lot of sense to me.  ~~~Weren't the samples taken

[stockarchangel]

Now they have even me completely confused.  It seems that the lab doesn't "wordify" their results, just simply gives the numbers, to be interpreted by a qualified person in the company and presented in prose via NR.  A quick glance at the actual sample by sample numbers as posted on the website tells me the two don't jive at all.

[w256mgr]

56 million oz  40 mill shares outstanding douglas profit is what $200 oz what is the new share value lets try $30.00 a share and this is only a portion of the property ??????/here come the big players my suggestion don't sell tomorrow as I said before there are only 1700 share holders lets drive this baby tomorrow they are going to want in make them pay 

[Public_Heel]

  Completely agree. I just don't see how this is different from the December release. I'd appreciate it if someone could tell me how this "settles" anything...

[baconmaker]

Heyw256mgr Ithink that should be... •89 million oz of gold • 100million shares outstanding by the time they get their next financing(currently 62 million shares outstanding)•$750 per oz of gold because the cost of production is so low (assuminggold stays around $900)•if stock trades at only 1 x multiple Sothat is 89,000,000 X $750 ÷ 100,000,000 = $667.50 per