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Bullboard - Stock Discussion Forum Douglas Lake Minerals Inc DLKM

GREY:DLKM - Post Discussion

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Post by Public_Heel on Feb 12, 2009 10:33am

Back in

FWIW, I'm back in for 20k shares, at about $.26
 
   I rate DLKM as follows:
 
   35% chance of outright fraud
   35% chance of uneconomic deposit
   15%  chance of marginally economic deposit, that will move stock over $.50
    10% chance of good deposit (1m+ oz), which will move stock over $2
     4% change of excellent deposit (5m+ oz) , which will move stock over $10
     1% chance of monster deposit (10m+ oz) , which will move stock over $20
 
    Given how my other junior miners have done recently, I feel like I can take a flyer with $5k.
    Based on the above percentages, I expect to lose it all, but there's an outside chance of a really big score.
Comment by jois1 on Feb 12, 2009 11:26am
You're expecting a 70% failure on this stock?  Considering there is plenty of us 'all in', I sure hope you're wrong.
Comment by Public_Heel on Feb 12, 2009 12:07pm
  I DEFINITELY think there's a better than even chance of complete failure. There are just too many warning signs.  I'm like a fish surveying a minnow on a hook. I can't see the hook, but I can see that the minnow just doesn't look right....
Comment by Des1302 on Feb 12, 2009 1:30pm
Come on Heel.. put some positive energy behind your investment.  Don't you wanna make money!!Gosh..
Comment by USMC on Feb 12, 2009 3:37pm
Great buy Heel....But I can't figure a guy buying any stock if he really believes there is a 70% chance of losing his shirt.   That is a fast way to financial ruin.   I have to believe it's just your nature to be a "Public" contrarian and a "Private"  ....well I don't want to say manipulator....so I won't.     I ...more  
Comment by Public_Heel on Feb 12, 2009 5:37pm
   If you can't figure why I bought back in if I'm likely to lose my shirt, just look at the percentages I posted. To give a basic example, though...  If you think a $1.00 stock has a 90% chance of going to zero, and a 10% chance of going to $20.00, do you buy it?  You do, right? You have an "expectation" of walking off with $2.00 (10% of $20.00), or a ...more  
Comment by Des1302 on Feb 13, 2009 9:47am
yeah u still make no sense..  you plopped down 5gs yesterday...and then bashed the stock.. that makes no sense.You dont have to cheerlead..just like u dont have to bash..Lets get this money!!!
Comment by jois1 on Feb 13, 2009 2:47pm
Public Heel ........  I don't think you are a basher.In fact, I am a little jealous.  You have the privilege of playing this stock with thesame odds as a poker game.  I see that.I think the ones you offend most are likely all in like myself.  A faux pas I hopeto correct soon.  Come on DLKM....... A world class gold find .....  Do you think you can go back to  ...more  
Comment by Public_Heel on Feb 13, 2009 2:56pm
   Well, for all of you who are "all in", I hope the stock goes to $10.... except for those of you who don't deserve it. You know who you are... lol
Comment by w256mgr on Feb 13, 2009 3:00pm
des is he taking another shot at you does he know your 6'6 280 big big leroy brown toughest guy in the whole dam townIts time to start laughing or I go to start crying the way this share price is going
Comment by Des1302 on Feb 13, 2009 3:13pm
ha ha ha..  Touche'  Heel...
Comment by Des1302 on Feb 13, 2009 3:19pm
 ha ha ha....I actually like Heel.. its CO CO i dont like.. ha ha ha ha.. No I like Co Co too..It's all good..I am an eternal optimist... and believe positive energy will bring postitive results....  and negative energy will bring negative results..This is mind boggling though how this stock is performing.  I should of sold at .27 cents like i started too, and got back in at 23 ...more