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if that were the case, i dont think any company would invest of giving a $300,000 product just like that for free (there must be something there for someone to make a huge investment like that)
production is prejected to start much sooner then that. Soon as in April
Perfectly put.
I agree, i been with this stock a little over 2 years as well, and have grown to understand what is going on more or less and from what i can see and tell now, everything is in line. Why do i say this? the explorer is going to be recieved and process will begin and we will be huge. From what i know i think it's a great time to pick up more shares. This is just my opinion.
Very Well Said.
we will have our turn
the volume is nice for this hour, wondering if we will start to increase and get passed 8 mill
i thought it was only my streamer that went nuts.
yeah, it was nuts. Go DKGR, lets do what the Giants did, hahaha
sounds really good man. ONces more New Yorkers wake up after their hang overs from last night, MAN THAT WAS A GREAT GIANT VICTORY>>!!! We might see another spike in volume.
we still "might" i think investors are not really reading whats on the news.
thats it, i am not settling for less thaan .0075 today
there are always that take profits. nothing to be concerned about. Hopefully will see in the .008's
we will, first 30min and over 3million shares so far
makes it even sweeter
SWEEEETTT!!!
Press Release Source: Drake Gold Resources, Inc.
Drake Gold Resources Signs Joint Venture and Distribution Agreement With Aero Mining Technologies
Monday February 4, 9:30 am ET
Drake Gold Resources Secures Necessary Mining Equipment for Georgia Mining Project Moving Drake Closer to Production
PORTLAND, OR--(MARKET WIRE)--Feb 4, 2008 -- Drake Gold Resources (Other OTC:DKGR.PK - News) is pleased to announce the agreement with Dove Mining USA d.b.a. Aero Mining Technologies. Aero has agreed to use Drake as a distributor and finance banking arm of the products it has to offer. In addition to the distributor and financing arrangements, it has entered into a joint venture to provide necessary equipment for Drake's Georgia operations.
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The joint venture agreement with Aero Mining Technologies has secured The Explorer 500 a $300,000 piece of equipment with accessories. The equipment will be sent directly to Georgia via boat crate transport as soon as possible. The agreement provides the unit at no cost to Drake but guarantees Aero a 10% net smelter royalty of net revenues from Drake's 75% working interest. Once Aero has obtained $600,000 from the proceeds the agreement will change to a 1% NSR, at which time Drake will own the equipment entirely.
The Explorer 500 is a wash and portable gravity separation plant which insures continuous and efficient concentration and recovery of (100%) of gold over the selected sieve size. The gold processing plant is supplied as a complete plant, including Ore Feed Hopper, Trommel (Classifier), Duplex Jig Concentrator, Trailer, Centrifugal Pump, Piping and Maintenance kit. On Drake's Georgia project this unit will process 50 tons per hour. No chemicals are necessary and water can be recycled. The Explorer 500 can recover gold as small as flour gold.
For more information about the Explorer 500 visit:
http://www.aerominingtech.com
http://www.dovemining.com/portable_mining_equipment_explorer.htm
The distribution agreement will allow for Drake to showcase the products Dove Mining has -- including gold mining equipment and engineering expertise. The agreement includes a fee-based commission for all purchases that Drake introduces to Aero. The agreement has been set up to include the expansion of a financing arm whereas Drake and its board of advisors will use their investment banking contacts to secure equipment lease financing. First-hand review of such financing opportunities will give Drake the ability to review a large group of proven and turnkey projects, as well as negotiating working interests and joint ventures. Both directors of Drake, Clayton Smith and John Marconette, will be joining the board of Aero Mining Technologies.
"We are very excited with recent advancements in Georgia to be able to secure the main component of our gold recovery efforts on our target area. As promised to Drake shareholders, we are building the infrastructure of our operations without any Drake dilution," said President John Marconette. "Forming an alliance with such a well-established mining equipment company like Aero Mining Technologies will give Drake a big boost forward -- advancing its business model on all fronts."
its not pumping buddy, its trying to make a stock be seen to all so they know that something like this is on its way. Like production. We just want all here to be on the same Green Boat with us. No pumping is needed i believe. The thing that really matters is the news that we will see in ....
so why doesnt someone go out there and take some pictures and video and come back and share it with us all
maybe that explains the rise in the volume in the past couple of days. I bet onces .006 wall comes down massive news and we move to atleast .02 and this time i believe we will break that .014 wall
that is what you call a true investor, an "educated investor"
i bet what they have coming out next will get u 100x more excited
eh, who cares about clayton, i lost hope in that guy but not in this company. plus, its not so easy to release all news and reveal all projects. It takes time, permits and so on. Have high expectation
waiting for the big news. i say we have a couple coming. I will no be suprised if we see this week. Actually i would be suprised if we dont see news this week
another 400k buy
i have been following this piece of sh*t stock for a very long time, and soon it will be time.
wow, i swear i just noticed something insane!!!!
something is brewing. i bet we see news this week
Can't wait until this month is over :)
hahaha, na i will just thank him because he will help me bank that $$$ in the future ;)
i'll take urs at that price really soon, promise
hahahaha, managed to pick up a nice chunk towards the end. (.125? well, give me a few month,s and i will pay u for ur shares .125)
alrighty buddy. I agree, lets learn to crawl before we can walk :Dhehe
screw the first penny. I have extremly high hopes for this stock. Why you think i would pick up another million shares today and own several? hahaha can't wait.
and look at that nice and unchanged close
First time i ever had problems with it. Which i dont think were problems, people just did not want to sell to me but i forced them
and some more again. I can't wait. Guy's january we should be seeing a few pennies ;)
:Dhehe picked up some more now :)
alrighty, picked up some more now
no, scottrade. I swear i am getting mad. There was another 50k sell, and guess what? i still did not get filled (i own several millions of shares and never had hard time buying, but today, dang!!! only 1 partial fill)