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Bullboard - Stock Discussion Forum Douglas Lake Minerals Inc DLKM

GREY:DLKM - Post Discussion

Douglas Lake Minerals Inc > Here we go again.....
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Post by Urban_Renegade on Jun 17, 2009 12:09pm

Here we go again.....

Well its great to see another cryptic release/filing from DLKM that is causing everyone and their dog to do off the cuff math and coming up with answers ranging from barely any gold to 120M ounces. It was starting to feel way to normal around here....I was almost anxiety free for a whole 3 months.  BTW.....didnt someone say this was one of the BCSC's main beefs?
Comment by Yukon_Cornelius on Jun 17, 2009 12:32pm
Are we having fun yet Renegade?  Cryptic describes it pretty well. And while I understand the need to be factual and conservative so as not to raise the hackles of the regulatory cops, I think the release was pretty poorly constructed.Not sure who writes/edits these for DL, but communications isn't high on their list of credentials imo. To nitpick the point a bit further, isn't the ...more  
Comment by Des1302 on Jun 17, 2009 12:34pm
Dont be so pessimistic Urban..  This was a required report needed to get the mining liscense so its a really good thing.  It showed it was economical so we are good to go.  Also, Ross did his finding of a specific area.  What people are doing here is just taking those numbers and assuming those figures over a larger area.  Ross can only report what he analyzed.
Comment by Urban_Renegade on Jun 17, 2009 12:46pm
Its not pessimism Des...its reality. The releases were written in such a way that any number of conclusions can be drawn from it. And it would seem i am not the only one who feels that way as volume has dropped to 1 buy so far today. I dont think its bad news or anything, i still have faith that this is going solar at some point. I just wish i didnt have to play the guessing game. & ...more  
Comment by Yukon_Cornelius on Jun 17, 2009 2:48pm
fwiw Renegade, I agree with you. And I remain optimistic about the future prospects of the company, but will always remain first a realist and call it as I see it. Pie in the sky dreaming is fun and has it's place, but ignoring facts is foolhardy. In that vein, I am disappionted that this formal validation of gold on the property didn't seem to generate any interest in the stock today ...more