Douglas Lake Minerals Inc DLKM

cheap shares

[falc]

Since there were some posters talking about the low priced shares I had to go back
and look on sedar etc, and saw this was done BEFORE the Handeni deal was struck, when DL
was down to 10cents so it seems clear to me that DLKM did that to keep going before they got their
big deal finished and not after like some seem to be saying.Check this yourself.
What we do have here is a failure on the new management to get some
real results posted, what seems to be happening lately is all window dressing. I don't
care about some new bean counter, she won't help matters, I care about grams per ton!

[tanzdevil]

Folks,All the corporate backstabbing and wheeling dealing will be of vain if this company does not prove anything via drilling. If you are going to write to Mengi, write about drilling. Everything else is a side show. The reading I now have is that CAN's deposits extend only 200 meters into Douglas Lake's property. That is not enough for a stand alone mine. It is only

[JJ40]

Only a 200 meter extension?   Where did you get that info Tanz?  That statement is a hope crusher but needs backing.  I was under the impression that the Magambazi strike zone was close to 15km2?  Maybe most of that is not economical?  But surely CAN would have not offered so much for the property if they thought that it was only several hundred or thousand meters

[AU_NB]

From DLKM's Rodman $ Renshaw presentation: https://www.wsw.com/webcast/rrshq20/dlkm/ "The geophysics indicates that the ore zone or zone is extending for at least 800 meters." (time 08:16) "[T]he Canaco property ...ore zone is round about 800 meters. We've extended this now for another 800 meters." (time 08:29) "The eastward extension of Magambazi is a

[JJ40]

Thanks AU for posting some quantitative data to back up most of our assumptions.  Tanz, please take some time to back up your post with a source.

[luvthebull]

I think I should have paused and read what I write before sending postings, my apology to all for the ramblings of a man relaxing on holiday. Was sharing what I learned that there is a lot of low price stock out there that what was believed and now understanding its true size, it will take a lot of new buying to move the price higher. My opinion is that the sellers are looking to get out, tired of

[tanzdevil]

JJ40,1) I have not seen anything to believe that CAN's deposits extend more than 2 to 300 meters into DLKM's property.2) I still have a lot, a lot, of DLKM shares.3) This company needs drill results. The shares will sell itself without promotion then. The way the company operates now is 'promote the company, drill results sometime later.'

[Highwired7]

Why should they bother with trivial things that cost money, like drill results when they are all living "high on the hog" off of shareholder and PP money, its about their life styles not ours, hmmm, where have I seen this before....