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The dilution is over and it's nice to see us start moving up in the right direction. Good news and we soar. Ya baby!
Looks like this sleeping giant is finally ready to awaken! Nice to see.
Gold stocks should have a good October. The OTC in general is pretty hot this month.
Check out BKMP at these levels. COuld be a great add here for a nice profit!
BKMP--is a nice add at these levels. Check out the chart. Any thoughts?
BKMP looks like a good buying opportunity here. Good Luck!
BKMP looks like a good buying opportunity here.
Good things are happening Stud. Looking for good things this month.
Rick this is a thing of beauty on DKGR!
Posted by: RickInv
In reply to: None Date:9/23/2006 3:20:18 PM
Post #of 6965
Drake EPS
Check me on this, it's my first shot at these calculations:
Based on the PR numbers of 10-30 ounces of gold per hour, outstanding shares of 828,000,000 according to Drake's website
Using 20 ounces per hour, 12 hours/day = 240 ounces/day, 300 days/year (we'll give them Sundays off) = 72,000 ounces/year, at $500/ounce = $36,000,000 gross revenue, figure 50% profit on that would leave $18,000,000 earnings, divided by the 828M shares gives $0.022 EPS, multiple of 20 gives .44 share price.
Not bad!
Let me know if I'm missing anything
Rick
Shakerzzz when is this market going to pick up? have you seen a worse market?
Watch DKGR Monday....they had great aftermarket news out of Friday.
Drake Gold Resources, Inc. Is Pleased to Announce the Completion of Its Initial Assessment of the Jackpot Placer Gold Project and Announcement of Operations
CENTURY CITY, CA, Sep 22, 2006 (MARKET WIRE via COMTEX) -- Drake Gold Resources, Inc. (PINKSHEETS: DKGR) is pleased to announce the completion of its initial assessment of the Jackpot Placer Gold Project located about seven miles southeast of the town of Quartzsite in La Paz County, Arizona. Independent geologist, Craig Parkinson, identified approximately 2,050,000 cubic yards of gold-bearing material containing an estimated 205,000 ounces of placer gold resources using a possible grade of .100 ounces per yard. This resource estimate far exceeds the original estimate of 60,000 ounces by previous geologists, and translates into an average of .0667 ounces of gold per ton across the three claims comprising 200 acres.
The numbers reflected in the finalized geological report are conservative thereby revealing the potential for yielding even higher production values. Mr. Parkinson has stated that the Jackpot property "yields above average potential especially considering the gold obtained from past production on the property was extracted using inadequate methods in the past."
Summary
Total estimated gold bearing placer gravel: 2,050,000 cubic yards.
Estimated gold per ton: .0667 OZ. (Based on 1 ton = 1.5 cubic yards)
Total preliminary estimated ounces of gold: 205,000 OZ.
Total dollar potential: 205,000 OZ. multiplied by $500 = $102,500,000
(Gross Proceeds)
Current Parkinson Geologic Services Jackpot Placer Property Mining Evaluation available here in Acrobat PDF format (PDF reader) (Sept. 22nd, 2006):
http://www.drakegold.com/operations/JackpotProperty/Jackpot_Mining_Eval_092206.pdf
BLM Operation Permits
With the initial geological report completed, Drake will now complete its application for the BLM Operation Permits. The permit application should take about a week to complete and contains information such as the location of operations, the current land disturbance level created by prior operations, the estimated new disturbance that is to be created by projected operations, and the length of time the permit is to be in effect. After the permit is submitted, a reclamation bond amount will be set. This bond is to ensure that the land is restored back to within set guidelines after the termination of operations. The approval process for the BLM Operation Permit is normally 2-3 weeks.
Equipment
While waiting for the BLM Operation Permits to be issued, Drake will continue to acquire the equipment necessary to begin operations. To date, Drake has secured the use of the most expensive single piece of equipment necessary for a placer operation: the Caterpillar D9. This heavy bulldozer now resides on the Jackpot property and will be used to start stockpiling gold bearing material next week in preparation for processing. In addition, the water well which resides on the property has been repaired and is functioning. Equipment still needed are a Scrubber, Trommel, Concentrator, and a 100kw generator. Drake has located each of these items and is currently in talks to acquire them via lease or outright purchase. Normally, using this equipment, Drake could expect to process 40-45 cubic yards of gold bearing material an hour. However, utilizing the expertise of Norm Pearson, his "Rock Box" and constructing a plant, Drake is projecting with the upgrades to process up to 100 - 300 cubic yards an hour or 150 - 450 tons at its peak. Using the estimate of .0667 ounces of gold per ton, the operation may yield 10 - 30 ounces of gold an hour.
Interim CEO Clayton Smith was excited to say, "Although we were hoping to release the information previously, we are now happy to say that we will be starting operations as early as next week. Yesterday, Norm Pearson, Drake's Project Manager, and Craig Parkinson, Drake's Geologist, discussed the plan of operations after review of the report and have now outlined the next few steps that will make Drake Gold a precious metal producer."
Commenting on the addition of other experienced mining management, he continued to say, "We are now bringing in a mining team that will ensure the success of Drake's mining operations. This includes a new CFO, several directors, a compliance attorney, a business analyst and eventually a new CEO and President once I believe I have brought Drake to the producing and compliant level that will guarantee growth of shareholder value. Announcements will be made starting next week due to the fact we are now starting operations."
This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.
Contact:
Drake Gold Resources, Inc.
Investor Relations Hotline
1-888-601-9983
Drake Gold Resources, Inc.
Corporate Office
(310) 728-6995
info@drakegold.com info@novakcapital.com http://www.drakegold.com
SOURCE: Drake Gold Resources, Inc.
CONTACT: mailto:Info@DrakeGold.com
mailto:info@drakegold.com
mailto:info@novakcapital.com
http://www.drakegold.com
Great aftermarket news!
Drake Gold Resources, Inc. Is Pleased to Announce the Completion of Its Initial Assessment of the Jackpot Placer Gold Project and Announcement of Operations
CENTURY CITY, CA, Sep 22, 2006 (MARKET WIRE via COMTEX) -- Drake Gold Resources, Inc. (PINKSHEETS: DKGR) is pleased to announce the completion of its initial assessment of the Jackpot Placer Gold Project located about seven miles southeast of the town of Quartzsite in La Paz County, Arizona. Independent geologist, Craig Parkinson, identified approximately 2,050,000 cubic yards of gold-bearing material containing an estimated 205,000 ounces of placer gold resources using a possible grade of .100 ounces per yard. This resource estimate far exceeds the original estimate of 60,000 ounces by previous geologists, and translates into an average of .0667 ounces of gold per ton across the three claims comprising 200 acres.
The numbers reflected in the finalized geological report are conservative thereby revealing the potential for yielding even higher production values. Mr. Parkinson has stated that the Jackpot property "yields above average potential especially considering the gold obtained from past production on the property was extracted using inadequate methods in the past."
Summary
Total estimated gold bearing placer gravel: 2,050,000 cubic yards.
Estimated gold per ton: .0667 OZ. (Based on 1 ton = 1.5 cubic yards)
Total preliminary estimated ounces of gold: 205,000 OZ.
Total dollar potential: 205,000 OZ. multiplied by $500 = $102,500,000
(Gross Proceeds)
Current Parkinson Geologic Services Jackpot Placer Property Mining Evaluation available here in Acrobat PDF format (PDF reader) (Sept. 22nd, 2006):
http://www.drakegold.com/operations/JackpotProperty/Jackpot_Mining_Eval_092206.pdf
BLM Operation Permits
With the initial geological report completed, Drake will now complete its application for the BLM Operation Permits. The permit application should take about a week to complete and contains information such as the location of operations, the current land disturbance level created by prior operations, the estimated new disturbance that is to be created by projected operations, and the length of time the permit is to be in effect. After the permit is submitted, a reclamation bond amount will be set. This bond is to ensure that the land is restored back to within set guidelines after the termination of operations. The approval process for the BLM Operation Permit is normally 2-3 weeks.
Equipment
While waiting for the BLM Operation Permits to be issued, Drake will continue to acquire the equipment necessary to begin operations. To date, Drake has secured the use of the most expensive single piece of equipment necessary for a placer operation: the Caterpillar D9. This heavy bulldozer now resides on the Jackpot property and will be used to start stockpiling gold bearing material next week in preparation for processing. In addition, the water well which resides on the property has been repaired and is functioning. Equipment still needed are a Scrubber, Trommel, Concentrator, and a 100kw generator. Drake has located each of these items and is currently in talks to acquire them via lease or outright purchase. Normally, using this equipment, Drake could expect to process 40-45 cubic yards of gold bearing material an hour. However, utilizing the expertise of Norm Pearson, his "Rock Box" and constructing a plant, Drake is projecting with the upgrades to process up to 100 - 300 cubic yards an hour or 150 - 450 tons at its peak. Using the estimate of .0667 ounces of gold per ton, the operation may yield 10 - 30 ounces of gold an hour.
Interim CEO Clayton Smith was excited to say, "Although we were hoping to release the information previously, we are now happy to say that we will be starting operations as early as next week. Yesterday, Norm Pearson, Drake's Project Manager, and Craig Parkinson, Drake's Geologist, discussed the plan of operations after review of the report and have now outlined the next few steps that will make Drake Gold a precious metal producer."
Commenting on the addition of other experienced mining management, he continued to say, "We are now bringing in a mining team that will ensure the success of Drake's mining operations. This includes a new CFO, several directors, a compliance attorney, a business analyst and eventually a new CEO and President once I believe I have brought Drake to the producing and compliant level that will guarantee growth of shareholder value. Announcements will be made starting next week due to the fact we are now starting operations."
This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.
Contact:
Drake Gold Resources, Inc.
Investor Relations Hotline
1-888-601-9983
Drake Gold Resources, Inc.
Corporate Office
(310) 728-6995
info@drakegold.com info@novakcapital.com http://www.drakegold.com
SOURCE: Drake Gold Resources, Inc.
CONTACT: mailto:Info@DrakeGold.com
mailto:info@drakegold.com
mailto:info@novakcapital.com
http://www.drakegold.com
Great aftermarket news!
Drake Gold Resources, Inc. Is Pleased to Announce the Completion of Its Initial Assessment of the Jackpot Placer Gold Project and Announcement of Operations
CENTURY CITY, CA, Sep 22, 2006 (MARKET WIRE via COMTEX) -- Drake Gold Resources, Inc. (PINKSHEETS: DKGR) is pleased to announce the completion of its initial assessment of the Jackpot Placer Gold Project located about seven miles southeast of the town of Quartzsite in La Paz County, Arizona. Independent geologist, Craig Parkinson, identified approximately 2,050,000 cubic yards of gold-bearing material containing an estimated 205,000 ounces of placer gold resources using a possible grade of .100 ounces per yard. This resource estimate far exceeds the original estimate of 60,000 ounces by previous geologists, and translates into an average of .0667 ounces of gold per ton across the three claims comprising 200 acres.
The numbers reflected in the finalized geological report are conservative thereby revealing the potential for yielding even higher production values. Mr. Parkinson has stated that the Jackpot property "yields above average potential especially considering the gold obtained from past production on the property was extracted using inadequate methods in the past."
Summary
Total estimated gold bearing placer gravel: 2,050,000 cubic yards.
Estimated gold per ton: .0667 OZ. (Based on 1 ton = 1.5 cubic yards)
Total preliminary estimated ounces of gold: 205,000 OZ.
Total dollar potential: 205,000 OZ. multiplied by $500 = $102,500,000
(Gross Proceeds)
Current Parkinson Geologic Services Jackpot Placer Property Mining Evaluation available here in Acrobat PDF format (PDF reader) (Sept. 22nd, 2006):
http://www.drakegold.com/operations/JackpotProperty/Jackpot_Mining_Eval_092206.pdf
BLM Operation Permits
With the initial geological report completed, Drake will now complete its application for the BLM Operation Permits. The permit application should take about a week to complete and contains information such as the location of operations, the current land disturbance level created by prior operations, the estimated new disturbance that is to be created by projected operations, and the length of time the permit is to be in effect. After the permit is submitted, a reclamation bond amount will be set. This bond is to ensure that the land is restored back to within set guidelines after the termination of operations. The approval process for the BLM Operation Permit is normally 2-3 weeks.
Equipment
While waiting for the BLM Operation Permits to be issued, Drake will continue to acquire the equipment necessary to begin operations. To date, Drake has secured the use of the most expensive single piece of equipment necessary for a placer operation: the Caterpillar D9. This heavy bulldozer now resides on the Jackpot property and will be used to start stockpiling gold bearing material next week in preparation for processing. In addition, the water well which resides on the property has been repaired and is functioning. Equipment still needed are a Scrubber, Trommel, Concentrator, and a 100kw generator. Drake has located each of these items and is currently in talks to acquire them via lease or outright purchase. Normally, using this equipment, Drake could expect to process 40-45 cubic yards of gold bearing material an hour. However, utilizing the expertise of Norm Pearson, his "Rock Box" and constructing a plant, Drake is projecting with the upgrades to process up to 100 - 300 cubic yards an hour or 150 - 450 tons at its peak. Using the estimate of .0667 ounces of gold per ton, the operation may yield 10 - 30 ounces of gold an hour.
Interim CEO Clayton Smith was excited to say, "Although we were hoping to release the information previously, we are now happy to say that we will be starting operations as early as next week. Yesterday, Norm Pearson, Drake's Project Manager, and Craig Parkinson, Drake's Geologist, discussed the plan of operations after review of the report and have now outlined the next few steps that will make Drake Gold a precious metal producer."
Commenting on the addition of other experienced mining management, he continued to say, "We are now bringing in a mining team that will ensure the success of Drake's mining operations. This includes a new CFO, several directors, a compliance attorney, a business analyst and eventually a new CEO and President once I believe I have brought Drake to the producing and compliant level that will guarantee growth of shareholder value. Announcements will be made starting next week due to the fact we are now starting operations."
This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.
Contact:
Drake Gold Resources, Inc.
Investor Relations Hotline
1-888-601-9983
Drake Gold Resources, Inc.
Corporate Office
(310) 728-6995
info@drakegold.com info@novakcapital.com http://www.drakegold.com
SOURCE: Drake Gold Resources, Inc.
CONTACT: mailto:Info@DrakeGold.com
mailto:info@drakegold.com
mailto:info@novakcapital.com
http://www.drakegold.com
Drake Gold Resources, Inc. Is Pleased to Announce the Completion of Its Initial Assessment of the Jackpot Placer Gold Project and Announcement of Operations
CENTURY CITY, CA, Sep 22, 2006 (MARKET WIRE via COMTEX) -- Drake Gold Resources, Inc. (PINKSHEETS: DKGR) is pleased to announce the completion of its initial assessment of the Jackpot Placer Gold Project located about seven miles southeast of the town of Quartzsite in La Paz County, Arizona. Independent geologist, Craig Parkinson, identified approximately 2,050,000 cubic yards of gold-bearing material containing an estimated 205,000 ounces of placer gold resources using a possible grade of .100 ounces per yard. This resource estimate far exceeds the original estimate of 60,000 ounces by previous geologists, and translates into an average of .0667 ounces of gold per ton across the three claims comprising 200 acres.
The numbers reflected in the finalized geological report are conservative thereby revealing the potential for yielding even higher production values. Mr. Parkinson has stated that the Jackpot property "yields above average potential especially considering the gold obtained from past production on the property was extracted using inadequate methods in the past."
Summary
Total estimated gold bearing placer gravel: 2,050,000 cubic yards.
Estimated gold per ton: .0667 OZ. (Based on 1 ton = 1.5 cubic yards)
Total preliminary estimated ounces of gold: 205,000 OZ.
Total dollar potential: 205,000 OZ. multiplied by $500 = $102,500,000
(Gross Proceeds)
Current Parkinson Geologic Services Jackpot Placer Property Mining Evaluation available here in Acrobat PDF format (PDF reader) (Sept. 22nd, 2006):
http://www.drakegold.com/operations/JackpotProperty/Jackpot_Mining_Eval_092206.pdf
BLM Operation Permits
With the initial geological report completed, Drake will now complete its application for the BLM Operation Permits. The permit application should take about a week to complete and contains information such as the location of operations, the current land disturbance level created by prior operations, the estimated new disturbance that is to be created by projected operations, and the length of time the permit is to be in effect. After the permit is submitted, a reclamation bond amount will be set. This bond is to ensure that the land is restored back to within set guidelines after the termination of operations. The approval process for the BLM Operation Permit is normally 2-3 weeks.
Equipment
While waiting for the BLM Operation Permits to be issued, Drake will continue to acquire the equipment necessary to begin operations. To date, Drake has secured the use of the most expensive single piece of equipment necessary for a placer operation: the Caterpillar D9. This heavy bulldozer now resides on the Jackpot property and will be used to start stockpiling gold bearing material next week in preparation for processing. In addition, the water well which resides on the property has been repaired and is functioning. Equipment still needed are a Scrubber, Trommel, Concentrator, and a 100kw generator. Drake has located each of these items and is currently in talks to acquire them via lease or outright purchase. Normally, using this equipment, Drake could expect to process 40-45 cubic yards of gold bearing material an hour. However, utilizing the expertise of Norm Pearson, his "Rock Box" and constructing a plant, Drake is projecting with the upgrades to process up to 100 - 300 cubic yards an hour or 150 - 450 tons at its peak. Using the estimate of .0667 ounces of gold per ton, the operation may yield 10 - 30 ounces of gold an hour.
Interim CEO Clayton Smith was excited to say, "Although we were hoping to release the information previously, we are now happy to say that we will be starting operations as early as next week. Yesterday, Norm Pearson, Drake's Project Manager, and Craig Parkinson, Drake's Geologist, discussed the plan of operations after review of the report and have now outlined the next few steps that will make Drake Gold a precious metal producer."
Commenting on the addition of other experienced mining management, he continued to say, "We are now bringing in a mining team that will ensure the success of Drake's mining operations. This includes a new CFO, several directors, a compliance attorney, a business analyst and eventually a new CEO and President once I believe I have brought Drake to the producing and compliant level that will guarantee growth of shareholder value. Announcements will be made starting next week due to the fact we are now starting operations."
This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.
Contact:
Drake Gold Resources, Inc.
Investor Relations Hotline
1-888-601-9983
Drake Gold Resources, Inc.
Corporate Office
(310) 728-6995
info@drakegold.com info@novakcapital.com http://www.drakegold.com
SOURCE: Drake Gold Resources, Inc.
CONTACT: mailto:Info@DrakeGold.com
mailto:info@drakegold.com
mailto:info@novakcapital.com
http://www.drakegold.com
Drake Gold Resources, Inc. Is Pleased to Announce the Completion of Its Initial Assessment of the Jackpot Placer Gold Project and Announcement of Operations
CENTURY CITY, CA, Sep 22, 2006 (MARKET WIRE via COMTEX) -- Drake Gold Resources, Inc. (PINKSHEETS: DKGR) is pleased to announce the completion of its initial assessment of the Jackpot Placer Gold Project located about seven miles southeast of the town of Quartzsite in La Paz County, Arizona. Independent geologist, Craig Parkinson, identified approximately 2,050,000 cubic yards of gold-bearing material containing an estimated 205,000 ounces of placer gold resources using a possible grade of .100 ounces per yard. This resource estimate far exceeds the original estimate of 60,000 ounces by previous geologists, and translates into an average of .0667 ounces of gold per ton across the three claims comprising 200 acres.
The numbers reflected in the finalized geological report are conservative thereby revealing the potential for yielding even higher production values. Mr. Parkinson has stated that the Jackpot property "yields above average potential especially considering the gold obtained from past production on the property was extracted using inadequate methods in the past."
Summary
Total estimated gold bearing placer gravel: 2,050,000 cubic yards.
Estimated gold per ton: .0667 OZ. (Based on 1 ton = 1.5 cubic yards)
Total preliminary estimated ounces of gold: 205,000 OZ.
Total dollar potential: 205,000 OZ. multiplied by $500 = $102,500,000
(Gross Proceeds)
Current Parkinson Geologic Services Jackpot Placer Property Mining Evaluation available here in Acrobat PDF format (PDF reader) (Sept. 22nd, 2006):
http://www.drakegold.com/operations/JackpotProperty/Jackpot_Mining_Eval_092206.pdf
BLM Operation Permits
With the initial geological report completed, Drake will now complete its application for the BLM Operation Permits. The permit application should take about a week to complete and contains information such as the location of operations, the current land disturbance level created by prior operations, the estimated new disturbance that is to be created by projected operations, and the length of time the permit is to be in effect. After the permit is submitted, a reclamation bond amount will be set. This bond is to ensure that the land is restored back to within set guidelines after the termination of operations. The approval process for the BLM Operation Permit is normally 2-3 weeks.
Equipment
While waiting for the BLM Operation Permits to be issued, Drake will continue to acquire the equipment necessary to begin operations. To date, Drake has secured the use of the most expensive single piece of equipment necessary for a placer operation: the Caterpillar D9. This heavy bulldozer now resides on the Jackpot property and will be used to start stockpiling gold bearing material next week in preparation for processing. In addition, the water well which resides on the property has been repaired and is functioning. Equipment still needed are a Scrubber, Trommel, Concentrator, and a 100kw generator. Drake has located each of these items and is currently in talks to acquire them via lease or outright purchase. Normally, using this equipment, Drake could expect to process 40-45 cubic yards of gold bearing material an hour. However, utilizing the expertise of Norm Pearson, his "Rock Box" and constructing a plant, Drake is projecting with the upgrades to process up to 100 - 300 cubic yards an hour or 150 - 450 tons at its peak. Using the estimate of .0667 ounces of gold per ton, the operation may yield 10 - 30 ounces of gold an hour.
Interim CEO Clayton Smith was excited to say, "Although we were hoping to release the information previously, we are now happy to say that we will be starting operations as early as next week. Yesterday, Norm Pearson, Drake's Project Manager, and Craig Parkinson, Drake's Geologist, discussed the plan of operations after review of the report and have now outlined the next few steps that will make Drake Gold a precious metal producer."
Commenting on the addition of other experienced mining management, he continued to say, "We are now bringing in a mining team that will ensure the success of Drake's mining operations. This includes a new CFO, several directors, a compliance attorney, a business analyst and eventually a new CEO and President once I believe I have brought Drake to the producing and compliant level that will guarantee growth of shareholder value. Announcements will be made starting next week due to the fact we are now starting operations."
This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.
Contact:
Drake Gold Resources, Inc.
Investor Relations Hotline
1-888-601-9983
Drake Gold Resources, Inc.
Corporate Office
(310) 728-6995
info@drakegold.com info@novakcapital.com http://www.drakegold.com
SOURCE: Drake Gold Resources, Inc.
CONTACT: mailto:Info@DrakeGold.com
mailto:info@drakegold.com
mailto:info@novakcapital.com
http://www.drakegold.com
Patience is also a virtue. One important thing I was told by one of the greatest investors is to never step over a million dollars in the future to pick up a dollar today.
I would have to agree.
I noticed that as well. If you read the past posts of the DAYTRADERS PARADISE Moderators you can see they are con artists. Ouch! Tisk tisk Tisk......They used to moderate the Greedyfox board and always took credit for Shakerzzz pick as their own. To each their own I guess.
I'm adding Monday as well. This stock is riduculously undervalued! This PR whether the PPS moves up or not is excellent and makes October look promising.
This stock is riduculously undervalued! This PR whether the PPS moves up or not is excellent and makes October look promising.
GREAT NEWS!!!
Wasn't PDSC and AWYB a shakerzzz pick? Hmmmmmmmm
I do have to say the board is unique!
I don't pay either but no one wants to hear some of the dribble thats posted on these boards. My post got deleted as well yesterday but I haven't complained once about it. If the moderator felt it was unfit then so be it.
Z, ProChartScans looks awesome. I think I will become a subscriber. Thanks for your efforts to get us a discount. Keep up the good work! God Bless.
I never mentioned any names? I think the truth hurts if that is the case. Any how I'm going to enjoy the weekend.
It is easy to throw around words like criminal and cowardly to scare people. I think it's criminal that slanderous remarks are made about certain people here. Everyones day will come. Message boards aren't at all confidential. I'm sure management reads these sometimes and they have a shareholder list with everyones info. Sooner or later these posters and their slanderous remarks will be taken to court. EAG did that last year. The company sued 6 bashers on yahoo message boards. I wish no one any harm and I want us all to make money but the fact is that if you have nothin gnice to say don't say nothing at all. Good Luck and God Bless.
I would agree with you on this. It is a privledge to post. If you don't like the way it is moderated then go to another board. I feel the moderators do a great job keeping the goofballs in check. Many people here stopped posting because of certain posters. There is only three posters here that cry and whine anyway.
Great moderating man. Keep the filth away...no one posts here because of certain posters that have agendas. Keep deleting the garbage out. Have a great night!
Yo Z! I hope DKGR makes you a Millionaire! You deserve it putting up with some of these people. Good Luck to you and God Bless,
I think they have found it in gold. I can't wait for the PR on Wednsday or Thursday (mid week) This PPS won't be down here that long. Once we get to .012 to .015 anyone who averaged down will make out big. Good Luck.
P.S My DKGR profits will be rolled over to WWCD if everything is in place.
Thats what the PR stated. Clayton will make this work bigtime from what the PR stated today. Share buyback and cancelation, more gold properties and experianced Directors and management coming in as we speak. This PPS won't stay here long. Bet on that.
I added at .006 area but right now I'm focusing on adding DKGR at these levels. I was going to add more WWCD but I think right now DKGR has more explosive potential.
I think the Jackpot Property has more then 60,000 ounces. The research on the property leads to be more like 125,000+ ounces.
I'm adding WWCD at the lower levels......it's a gamble just like Drake but I love stocks that have exploding potential.
The news today was actually good. No dilution, Clayton is funding the company so he has more to lose or gain then any of us does. Gotta believe he wants this to take off bigtime.
Have a great weekend MOMO!
Is this board for recycling Shakerzzz picks? Every pick I'm reading is a Shakerzzz play from the past or the present. just curious.
Nice to see a new face here! Especially one that doesn't complain! I agree that is a beautiful boat.
I ended getting the rest of my shares at .0055 today. Rock and Roll time....rock and roll time!
Profit is profit! Congrates!