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Bullboard - Stock Discussion Forum Douglas Lake Minerals Inc DLKM

GREY:DLKM - Post Discussion

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Post by falc on Sep 23, 2011 10:55am

progress

when were these 5cent shares offered that yukon speaks of? I didn't hear about them?
if Harp were still at the reigns people would be asking him to step down, however excuses
are given for this new guy who has never been around a mining company before, this is not
what DL needs IMHO
Comment by Yukon_Cornelius on Sep 23, 2011 11:36am
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001297223&type=&dateb=&owner=exclude&start=0&count=40 Have at it Falc- I recall it was last fall- but no time to surf through these now. You can find all the skeletons here. Grant that D Boateng may lack in some areas- but he was on the BOD and a ready replacement for Harp. Learning on the job isn't the ...more  
Comment by Yukon_Cornelius on Sep 23, 2011 11:47am
10Q-Page 33/34- 6 mm shares at a nickel- reference to prev filing https://www.sec.gov/Archives/edgar/data/1297223/000118374010000625/f10q.htm
Comment by stockarchangel on Sep 23, 2011 12:09pm
It's in the 10Q published on January 19, 2011, page F-10. a)As at November 30, 2010, the Company has received stock subscriptions for 11,700,000 units at .05 per share pursuant to a September 1, 2010 private placement. At November 30, 2010, the Company had received proceeds of $585,000, which is included in common stock subscribed. Each unit consists of one common share of the Company's ...more  
Comment by baconmaker on Sep 23, 2011 12:21pm
Only on the OTC can you get away with this kind of SHlT. Getting 5 cent paper in January when the stock is trading at 70 cents..No wonder they never listed this stock on the TSX. The Canadian Securities regulators would have ripped previous management (HS and HR, etc) a new AS SH OLE..Bacon
Comment by Yukon_Cornelius on Sep 23, 2011 12:37pm
Stockarch-thanks for finding itBacon- you still want Harp back?So moving on, if you had .05 paper and .07 warrants and were offered the same deal in a new company that needed funds (SHRK maybe? I dunno) Would  you sell your nickel for a quarter and hold your .07 for a while? Who among us wouldn't take that trade with the ability to repeat the act again (and again?) Let's just hope ...more  
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