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Bullboard - Stock Discussion Forum Douglas Lake Minerals Inc DLKM

GREY:DLKM - Post Discussion

Douglas Lake Minerals Inc > My Take on the recent news
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Post by JJ40 on Aug 13, 2011 4:16pm

My Take on the recent news

When we aquired the land package from Mengi I immediately noticed the "rectangular block" and inquired as to why that was on the map.  That was land owned by others.  I saw that we had some land around the Magambazi trend zone but that was a huge disappointment that we didn't have that "rectangular block".  In my mind I felt that we were significantly limited as to the development in Magambazi.  I questioned the blue sky potential and dropped 25% of my position.

With the news recently released, current team of leadership, Harp and Craig still being involved, drilling on both Magambazi and Kwandege, and SP being back in the .30's, I'm buying more this week.

Welcome to the party Ike.  It's great to see new posters joining in the conversation as well.  I know that Canaco is the class of Handeni and with good reason.  However, I feel that Douglas Lake Minerals has put itself in great position to award the shareholders (especially those of us that have been in for 3+ years) and join the ranks of esteemed juniors with world class mineralization potential.  Of course it all depends on drill results and I feel good that those will manifest more than adequate results.  My fingers are crossed and I look forward to hopefully riding this next segment of the DLKM roller coaster UPWARD with you all in the coming months.

JJ


PS - Where's Des?
Comment by AU_NB on Aug 13, 2011 5:37pm
JJ40.  I notice that Sam Sangha remains as the Investor Relations point man and Thom Calandra reported that Harp stated that he would "help the new CEO," but in what capacity do Harp and Craig remain active with DLKM ?thanks
Comment by JJ40 on Aug 13, 2011 7:25pm
I don't want to name drop or speak beyond what I know based on what I've read.  I only know that they were together in a meeting recently.  In this case, I will not presume to speculate as to their roles and capacities.  I wish I knew more.JJ