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Check pinksheets.com my friend, DKGR is part of the 21% pinksheets that are current.
I have been saying this for many months now. How many gold companies are current with fileings and pinksheets.com? How many gold companies HAVE reduced their share structure to assure no dilution. How many gold companies put out a quality page report done by independent geologists on their properties to let shareholders read them. DKGR has turned the corner that many pinksheet companies never do. John Marconette and Tom Conar are doing a great job with DKGR and I believe that 2008 will be good for the companies growth and the investors.
Well said Thinman, in fact, the internet has become a better source of information for more companies. Since it's inception in the early to mid 90's, the market has grown tremedously and companies have grown at record pace.
$.08 in '08 won't be hard to do with what this company seems to have set up. The future is so bright, I gotta wear shades
I did go shopping. I spent more then I wanted too but it is all about family and friends.
Merry Christmas to all the DKGRers!
The process takes time. If you do the research, you will see the forms are posted on the DKGR website I called Nevada and they said they handle many forms and it takes some time.
Great reply man!
We have a current pinksheets company here people, only 21% of pinksheets is current. Nice feather in our caps.
Excellent post, 2008 will be a good year for DKGR.
Great post and reply Paid, lol I couldn't have said it better myself.
That seems like too much work for some here, lol DKGR will do well in 2008 as the foundation has been set for a productive year.
I am with you on this. Current status with pinksheets is big. Many are noticing this now. Also DKGR reduced shares, the key word there is "reduced", Not like other pinkies where they claim they will reduce and never do. Also, we have a huge report on the Georgia property sampled by two independent geologists that say the gold content there is 50 times higher then the average property. We also just acquired a silver property in BC with great silver content numbers. if silver keeps going on this pace then the land could be primed for a JV deal wasy. The surrounding land is being gobbled up quick by bigger companies now that it is economicaly feasable to make a good profit with silver soaring.
We will all find out soon enough as the company has been releasing their accomplishments. They have already done more with John Marconette and Tom Conar running the company then ever before.
Christmas season and Tax season. January is when things start to pick up in the markets all together.
The blanks will fill in for soon and I believe we will see production sooner then later. John Marconette and Tom Conar are moving forward and doing the right things.
Very well said sir. Silver at $15 per ounce is big. I think silver will only go higher and many expert analysts predict the same thing. When silver languished so did the properties and now you can pick up some great properties inexpensivly just you can realestate in the housing market for the next several years before it rebounds down the line.
I will buy under .15 for a flip only
If you strike a vein, the vein runs for many hundreds of miles. The vein is what real mining companies care for. once the vein is located you get the land that the vein runs in and through. The land around doesn't really matter. The land where the vein is what really matters.
Helicoptors are used all the time in Canada for mining projects. It isn't a big deal. Thats what many mining companies do in canada. Read any canadian mining company exploration extense report, Helicoptors are used regualry so what is your issue? Many of the major mining strikes have been only excesable by Helicoptors. Look at all of the info. Helicoptors ar eone of the easiest ways to excess the properties. Keep reading.
http://www.drakegold.com/docs/atlin/DKGR-LC-2-02060-Expense-Reports-12-10-07.pdf
Read the silver content report, then get back to me
That is gold. DKGR went after the property for the silver content, not gold. Silver back then was under $5 now it is $15 per ounce. Quartz veins are gold, the property was not obtained for gold content. The silver content is tremendously high however and this is what the company wants. The reports state that the silver content is high and gold is low, Drakes PR states they acquired it for silver only. It doesn't state anything about gold, the heading for the PR states Silver strikes. Please read and post what the report says about silver. Next time tell the whole story please.
Very well said and not confusing at all!
Correct. Silver was trading between $4-$5 per ounce and it wasn't economical at the time. If you look at the area now, the land is being sucked up rapidly by some bigger mining companies. Silver at $15 per once and trading in mass volume daily is very attractive. I was impressed to see that Drake was on the ball and picked this land up. 5000 acres is a lot of land. Like I said prior, John Marconette and Tom Conar have done a great job thus far bringing us to compliance with pinksheets and looks like some solid properties as well.
The last month or so have terrific as the company has taken giants steps in becoming credable. We are current on Pinksheets, Reduced the share structure and gained properties with solid reports on them. There will be more to come soon in my opinion.
The Georgia PR stated that they will be doing drill samples in a few weeks. This was a few weeks ago. I bet they will have some great results coming in early 2008 on that front.
December for the market is usually dead anyway. Across the board it is slow due to the holiday season and tax selling. Q1 for DKGR is what I am looking forward too. With them being current with pinksheets, Georgia, British Columbia and the share reduction, I think this company is primed for early 2008.
Those are phenominal results actually. This used to be a Newmont property back when silver was only $5 per ounce it seems. It wasn't worth mining it back then though. Now that silver is up huge and trading aggressivly, this property could be worth more then we think.
Drake Gold Resources Announces the Acquisition of Two Silver Strikes in the Atlin Mining District
2007-12-10 11:45 ET - News Release
PORTLAND, OR -- (MARKET WIRE) -- 12/10/07
Drake Gold Resources (PINKSHEETS: DKGR) is pleased to announce it has signed agreements for the Wolverine and LC2 - AG prospects in British Columbia. Both properties are subject to British Columbia laws regulating the handling of sample assay data pointing to significant precious/ industrial metal reserves. The following data were taken from reports required by the British Columbia Government and used to justify the lease agreements for both properties.
The Wolverine Prospect (4000+ acres) has been assayed in two main mineralized areas, vein 2, in the west mineralized area, assayed 914 gpt (grams per ton) silver and 0.34 gpt gold across 15cm. In the east mineralized area, a sample from a 20cm vein with arsenopyrite and pyrite assayed 12.1 gpt gold and 86.7 gpt silver respectively.
The LC2 - AG Prospect (1000+ acres) formally of the Newmont Mining Corporation has returned copper, silver, lead, and zinc results. The main vein, which strikes 029 degrees, dips 85 degreesW and plunges 55 degreesE, is 80m long. Assays from a trench on the vein assayed 9.6% copper, 10.6% lead, 11.2% zinc, 0.33% cadmium and 1,941 gpt silver (approx. 62 ounces per ton).
Each of these figures was subject to the verification of the British Columbia Government's Ministry of Energy, Mines and Petroleum Resources (which can be viewed at http://www.gov.bc.ca/empr/)
With the combination of both properties Drake Gold Resources has added more than five thousand acres of mineable land to its holdings. This is essential to the company's plan of diversifying its mining development portfolio, ensuring the company a sound footing moving forward. To put these assays into perspective, major discoveries and economical production is on average 240 grams per ton.
"Extensive on-site research and an expanded geological investigation are leading our plan of action for each property, per both our internal and British Columbia regulations, but with the activity in the area and the controls put in place by the provincial government, we believe that we are looking forward to another substantial project," stated Drake Resources President John Marconette. "The prospect has proven, excellent mineral potential -- particularly for silver occurrences, as well as a nearby mining project held by Chevron just 50 miles north of ours on the same trend."
Initial plans include using geological services of area specific experts to be able to provide the Company with the metrics for a NI 43-101 compliant mining report. The NI 43-101 is the standard step toward putting a project into production and will pave the path to enticing the joint venture partners the Company is allied with. Drake Gold Resources has signed agreements entitling it to 96% of everything recovered from both mining projects.
The following link is a copy to the British Columbia Silver and Gold Mining Investigative Report, including copies of supporting geological/assay reports, permitting information for moving into production, and requirements for the 43-101 mining reports.
http://www.drakegold.com/docs/DKGR-BC-Silver-and-Gold-Investigative-Mining-Report-12-10-07.pdf
ABOUT DRAKE GOLD RESOURCES, INC.
Drake Gold Resources, Inc. is in the midst of creating a diversified natural-resource holding company, with a portfolio of precious and industrial metal-producing mines, as well as the creation of an oil/gas subsidiary.
Diversification, as well as innovative exploration tactics, are part of an overall strategic plan being carried out by the company's formidable team of natural-resource development executives. Diversification plans include the development of gas, oil, gold, silver, and industrial-metal producing projects. For further information about Drake Gold Resources please visit our website at http://www.DrakeGold.com.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. Such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. Based upon industry standards Drake would be considered highly speculative. Additional risks to consider and that may apply: failure to meet financial and contractual obligations, managerial errors made due to the Company's limited experience and knowledge of the industry, commodity risk, acts of God and regulatory risk. 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. (DKGR)
Investor Relations Hotline
1-888-601-9983
Email: info@DrakeGold.com
Website: http://www.DrakeGold.com
Public Relations Contact
1-310-606-1244
Email: Info@DrakeGold.com
DKGR president John Marconette and CFO Tom Conor have done a great job taking DKGR into the next level and making it a credable company.
I believe a few more good PR's and people will take this more seriously. You can already see more investors watching this company grow into the real deal. I am excited and many others are as well. Time will tell but it seems the time is now and it has started.
I am up beat on this company. I mean seriously, how many companies out there are current, set and outlines a business plan and have executed it like they have. John Marconette and Tom Conor are running the show and it shows. Real investors don't frequesnt the message boards, mostly flippers do becasuse they try to catch the hot stock and get a rush. I frankly use this to pass the day away at work. I am a investor and see the progess in this company.
Well said, the smart investors see's the progress in DKGR and accumulates shares.
I agree with that statement. DKGR has come a long way and is ready to take the next step to becoming revenue producing.
John Marconette and Tom Conor are doing a great job running this company and starting to bring solid potential assets into DKGR and it's shareholders.
The are doing bulk sampling tests in a few weeks per the PR. This may take a little longer due to holiday schedules and such but the ball is in motion. Many longs are adding here as this is a bottom play with this terrific news. They won't apply before they know the bulk results. This is what REAL mining companies do. Why would you apply for something if the tests don't comeback what is expected? We will find out in the next couple of weeks. I believe this Georgia land is going to reward shareholders handsomely.
John Marconette and Tom Conar are the force behind DKGR. Both are solid managers.
The company is solid. Fridays trading seems as though Willy and his little group sold there perosnal shares in DKGR and now are lying to manipulate the PPS lower to get even with DKGR for rejecting and cutting all ties with him. Heck a PR stating they rejected Willy would pop the stock up I bet, LOL. I mean come on people, what reputable person calles themselves "Willy Wizzard"? I will be adding more shares tomorrow if it dips, believe me on this. The press Release Friday was amazing. The PPS was manipulated by Willy and gang in my opinion. This company is solid. The company is real. The company is current with Pinksheets, the company is obtaining massive gold results on their testing with PROVEN paper work from 2 indepentend Geologists. The company HAS reduced the Authorized and Outstanding shares. Not going to but HAS! Thats key. Pinksheets is updated with the new share structure. Not one pinksheets stock out there has gotten amazing results then what DKGR has done under new President John Marconette and CFO Tom Conar.
http://www.drakegold.com/docs/DKGR-Georgia-Gold-Report-11-30-07.pdf
Look at the GBDX board and you can see many invesotrs are getting ready to file a suit against him. Willy Wizzard (Hal Engel) seems to be the internet version of O.J Simpson, LMAO!