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Bullboard - Stock Discussion Forum Douglas Lake Minerals Inc DLKM

GREY:DLKM - Post Discussion

Douglas Lake Minerals Inc > Guys, thanks...
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Post by stockarchangel on Feb 06, 2012 1:10pm

Guys, thanks...

...for the kind words. Now back to business. Seems like the stock to .15 was cleaned up pretty quickly. I was rather surprised that after the .12 paper was taken out this morning, the "ask" jumped to .158, now currently at .15. Let's hope we get a deluge of positive news over the next few weeks and get this baby to where it should be trading.
Comment by JJ40 on Feb 06, 2012 2:28pm
SA is solid.  Top notch feller in my opinion.  Outstanding asset to the investment community here.  Well, apparently we have gold on a few spots of that 800 km2.  I'm glad I was able to grab some .08 shares.  Nice SP rise and volume.  Although it's probably the same people that took it down to where it was.  Things will "pan" out well for us, as ...more  
Comment by traveller180 on Feb 06, 2012 4:43pm
Does anyone, and I am not going to hold you to this, feel the SP may make it back to the .40 range?
Comment by Yukon_Cornelius on Feb 06, 2012 5:12pm
Yes. Puts the market cap north of  $1B but the right resource estimate will get it there- hopefully the expectation thereof will get it there sooner!
Comment by stockarchangel on Feb 06, 2012 5:33pm
.40 would put the market cap at $120 million (assuming no more dilution, which is not realistic), which is very doable. With the right news, I can see .50 ($150 market cap) or more, possibly as high as a $1.00 ($300,000,000 market cap). Remember that CAN was over a billion dollars before being derailed. I don't know if you guys have been following NSRS, but after today they're close to a ...more  
Comment by Yukon_Cornelius on Feb 06, 2012 5:57pm
Oh Bad math by me! Too late and not enough coffee today-ugh I thought it was 1.2 B- 120mm- no sweat! Thanks SA for the correction.
Comment by JJ40 on Feb 06, 2012 7:24pm
.40?  I hope so.  If not, there are some people who participated in the PP at .45 that  are going to have a big case of the red bum.  What IF there is @ 500k. oz at Magambazi and then another 500k+ oz at Kwandege?  Those are big numbers but not out of the question at this point.  For dreamers sake anyways.  IMO, this is based purely on gut and intuition, I ...more  
Comment by w256mgr on Feb 07, 2012 12:19am
Guys if the water cooler news is right what we heard today is just a tease We hit the mother load yes we are subscribed but  I will take $1.80 buy August any day  
Comment by JJ40 on Feb 07, 2012 3:32am
When can we expect this water cooler news? You're blue balling me here lol. What caught my eye about today's NR was Uranium and Thorium. A whole different animal. Thorium is being used in nuclear facilities in India. More of it, cheaper to use, much easier to control and manage than uranium. The demand isn't quite there YET globally, but that Japan disaster opened some eyes. https ...more  
Comment by stockarchangel on Feb 07, 2012 2:33pm
JJ - I don't think they're in this for 1-2 million ounces. I'm pretty much convinced CAN's initial resource estimate will come in at 2-3 million for Magambazi, with a lot more to come as drilling defines the entire resource. If indeed DLKM now has 3 very high potential targets, we could be looking at pretty spectacular numbers. Some monster assays from either of the 3 could ...more  
Comment by JJ40 on Feb 07, 2012 3:23pm
SA, I hear what you are saying.  I didn't want to come off as a cheerleader blowin' smoke.  Thank you for saying that as it has more credibility coming out of your mouth.  3 targets is pretty exciting.  And we're sitting at .13?   Every digit crossed...lol
Comment by 8saturday8 on Feb 07, 2012 5:10pm
This is only 3 targets out of a possible17.
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