Douglas Lake Minerals Inc DLKM

Insiders & Directors

[stockarchangel]

Checked out all the recent Form 4's, and it appears that Mengi bought 15,000,000 additional shares in the open market at .40, with Scheepers and Boateng each receiving 3,000,000 options exerciseable at .45. Makes me feel great LOL!

[luvthebull]

Nouvelle année heureuse everybody! Mengi was issued 15 million shares from a property purchase. heard the CFO left after unimpressing (lol) stakeholders and the interim then full time CEO did not like the shots he was receiving either. Really concerened about all of this now. starting to look like the deals that old white hair geolgist that was part of Douglas lake has.

[stockarchangel]

I believe it was Boeteng that recently received shares for property. This filing clearly shows Mengi picking up shares in addition to the 133,333,333 shares he received for the bulk of the acreage. https://app.quotemedia.com/quotetools/showFiling.go?webmasterId=89753&name=DOUGLAS%20LAKE%20MINERALS%20INC.:%204,%20Sub-Doc%201&link=http%3A//quotemedia.10kwizard.com/filing.xml%3Frid%3D23

[luvthebull]

  nope, Mengi gort 15,000,000 shares from the Company fro a sale of property to Douglas from Mengis 13 D filed on decemeber 2, 2011 from SEC EDGAR site Notes: (1)          These 148,333,333 shares consist of (i) 133,333,333 shares held by IPP Gold Limited, a corporation organized under the laws of Tanzania, of which Mr. Mengi is the

[stockarchangel]

Thanks for the clarification. Still, its heartening to see them issuing shares/options at a deemed or exercise price of .40-.45. Gives everyone hope that management believes in the company. Also, the first tranche of those .45 "bonus" options gets vested in a couple of months. Personally, I think we're going to have a good ride in 2012.