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Bullboard - Stock Discussion Forum Douglas Lake Minerals Inc DLKM

GREY:DLKM - Post Discussion

Douglas Lake Minerals Inc > I am looking at it differently, I guess
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Post by traveller180 on Oct 21, 2011 10:34am

I am looking at it differently, I guess

1. Forget about Harp. From the moment he was removed he has nothing more to do with the company with the exception of buying and/or selling shares...period. Although he has some selling leverage left, he is in the same boat as the rest of us.

2. SHRK...who effing cares?!?! If you want to invest in that company, dyodd and figure it out for yourself. The only recommendation I would make (IMO) is to take into consideration whom is running the company.

3. My average buy SP for DLKM was .37. If I were to devote say (hypothetically) a relatively small amount of money: I will use MY very first buy proportions more than a year ago for my example here...

EXAMPLE DISCLAIMER: If my math is wrong or seems ambitious, redo it yourself:

I bought 1200 shares at .37 = $444

Say that I save that same amount, $444 divided by .15 (ish) per share = 2960 additional shares I hypothetically buy now.

I am personally gambling that the sp will eventually go back up to .37 (or even more...did you get the positive sarcasm there???).

2960 shares at .37 = $1539.20
$1539 - $888 (the amount spent on both purchases) = $651.20 or a gain of 73%.

Plug in your own numbers, or don't. My money says the SP for DLKM will go back up again. 

People invest because they want their money to work for them. Companies profit from both the people AND the peoples' money working for THEM.

All the standard disclaimers apply to this message.
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