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Bullboard - Stock Discussion Forum Douglas Lake Minerals Inc DLKM

GREY:DLKM - Post Discussion

Douglas Lake Minerals Inc > Whack-a-molie - Insiders Dumping 5¢ Paper
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Post by baconmaker on Sep 16, 2011 4:22pm

Whack-a-molie - Insiders Dumping 5¢ Paper

IMHO, the insiders are still blowing out their 5¢ stock. I think we'll have to chew through at least a few more million? How many did they issue themselves when the stock was trading at 70¢? Was it 12 million at 5¢ and the same number of warrants at 7.5¢?
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Wow, that's a lot of paper to chew through.
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Bacon
Comment by JJ40 on Sep 17, 2011 3:27pm
That is a plausible theory. On the other hand I think that it may be accumulation. Last year our SP dropped to .09 - .12 in August. "Out of the blue" the Handeni deal is announced and we ride up to .80 in the winter. Pretty decent gains right? Well right now, at .28, we are only .18 - .20 from those August prices. WTF? Serious?! The progress that the company has made since last ...more