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Gold/Mining/Energy : Darnley Bay Resources - DBL. VSE

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To: Mark Highfield who wrote (58)3/17/1998 1:36:00 PM
From: Grant Baker  Read Replies (1) of 221
 
Hi Mark, welcome to SI and the DBL thread.

I think that the reason there is not much activity on this thread is that generally investors would not expect that there would be much activity with an exploration stock like DBL at this time of the year. Without any actual financing, exploration, drilling plans or drilling results to talk about the share price has drifted lower - I think that was probably expected by many observers.

There has been a bit of recent news (at least up here in the north) about the Inuvialuit possibly requesting changes to the park boundary, but until that issue is advanced a bit further it is almost premature to talk about it. Politics and controversy can keep a stock in the news, but it doesn't generally equate with higher share prices!

In my opinion, actual drilling on this project is likely to be at least a year away. I think that they will take another exploration season to complete ground level reconnaissance and geological mapping to pinpoint actual drilling targets.

Hope that this helps. Good luck with this one.

GB
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