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Old Wed, 06-27-2007, 07:21 PM   #1 (permalink)
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Wink Darnley Bay Resources.... V.DBL

To be up front, I own ~300K @ $0.20.

This could be the biggest Canadian mining story in for the next two years or just another spec play. I am betting on the first scenario.

To start check out their web site: DARNLEY BAY Resources Limited
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Old Wed, 06-27-2007, 09:54 PM   #2 (permalink)
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Best chart I could find!

Looks like ya might have a top here!!! Sweet move though!!

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Old Wed, 06-27-2007, 10:47 PM   #3 (permalink)
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Wink Info on THE DARNLEY BAY MAGNETIC AND GRAVITY ANOMALY

Base Metals: The Geological Survey of Canada (GSC), in 1994, assigned a moderate to a high rating for the Anomaly to be a major mineral complex comparable to the Sudbury Basin in Ontario, Norilsk in Russia, and to the Bushveld Complex in South Africa. These are mining districts known primarily for their great Nickel, (Ni) and Copper (Cu) production and are also prime platinum/palladium (PGE) producers.
Ref.: GSC. Open File 2789

At 130 milligals, the gravity anomaly is:

• four times stronger than the Sudbury Basin gravity anomaly, host of the world's largest Ni and Cu deposits.
• five times stronger than the Norilsk deposits where the mined grade of Ni and Cu is the highest in the world.
• twice as strong as the Bushveld Complex, estimated to contain 70% of the world's platinum group elements (PGE).
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Old Wed, 06-27-2007, 11:00 PM   #4 (permalink)
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Talking Drilling

Back in 2000 Darnley bay teamed with Falconbridge and drilled one hole. The stock hit a high of ~$2,97. At the time the price of nickel just over $2.00, today it sells for over $20.00 and they plan to drill over 10 holes.

This is one play where the charts do not tell the whole story.

Do your own DD.
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Old Wed, 06-27-2007, 11:15 PM   #5 (permalink)
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I'll be a watchin!!!

Quote:
Originally Posted by Elderbank View Post
Back in 2000 Darnley bay teamed with Falconbridge and drilled one hole. The stock hit a high of ~$2,97. At the time the price of nickel just over $2.00, today it sells for over $20.00 and they plan to drill over 10 holes.

This is one play where the charts do not tell the whole story.

Do your own DD.
Might get a few , just in case!!
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Old Fri, 06-29-2007, 12:48 PM   #6 (permalink)
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Dear XXXX,



East-West Trade Partners of Ottawa has introduced Jilin Jien Nickel Industry Co., Ltd., the 2nd largest nickel company in China, to the Darnley Bay project.



A meeting is scheduled for July 17th, with President, Mr. Xu ,Vice- President of Investments & Resources, Mr. Wang and a Resource Officer, Mr. Li.



The project area is dominated by the presence of the strongest isolated anomaly in North America, which is thought to be caused by a buried igneous intrusive which contains associated nickel, copper and platinum group elements deposits.



A three-year, $ 10 million field program has been designed to establish the presence of economic mineral deposits.



The project details are available on its website DARNLEY BAY Resources Limited



I thought this contact from China would be of interest to you.



Sincerely,





Leon La Prairie

President & CEO

Darnley Bay Resources Limited

3901-40 King Street West

Toronto, ON, M5H 3Y2

Tel: (416) 862-7885

Fax: (416) 862-7889

DARNLEY BAY Resources Limited
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Old Wed, 07-04-2007, 10:59 PM   #7 (permalink)
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The Analytical Investor,Inc.
IEditor: Philip W. Speller
Darnley Bay Resources [DBL, Tsv: $0.69] is an intriguing mining exploration junior with roughly one million acres of permits in the south central section of the Inuvialuit Settlement Region of the western NWT, surrounding the hamlet of Paulatuk and Darnley Bay on the southern coast of the Beaufort Sea..

The region is dominated by the presence of the strongest known isolated gravity anomaly on the planet, in co-incidence with a magnetic anomaly, that is :
: twice as strong as the Bushveld Complex,[South Africa], estimated to contain 70% of the world’s platinum group metals;
: 4x stronger than the Sudbury Basin gravity anomaly, host to the world’s largest Ni & Cu deposits;
: 5x the strength of the Norilsk deposits, where the mined grade of Ni & Cu are the highest in the world.

Not surprisingly, the Geological Society of Canada [GSC] has assigned a moderate to high rating for the Anomaly, thought to have been caused roughly 2 billion years ago by a buried, igneous intrusive [meteorite] containing associated massive Ni, Cu, & PGE deposits.

The Company also has a diamond Joint Venture in the same general area that has completed 52,000 line-kms of an airborne survey that added 11 highly-rated kimberlite targets to the drilling inventory, now standing @ 23. The Joint Venture optionee is currently endeavoring to attract a senior industry partner to drill the remaining kimberlite targets.

We understand that potentially non-dilutive financing of $5 million is expected to be closed shortly, following which a major drilling program will get underway, with initial results expected prior to year-end.

With 46 mill. shares o/s & a current market cap of only $32 mill., DBL has already been a virtual 10-bagger in the last 6-months.While that sort of action can be expected to attract significant profit-taking in a reactionary market, the risk around current levels is de minimus, relative to the potential down the road.

Accordingly, we would suggest establishing the 1st half of a full position around current levels, with the balance added in line with news & one’s comfort level. We suspect announcement of a firm financing deal may well result in a possible doubling of the stock.
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Old Fri, 07-06-2007, 06:20 PM   #8 (permalink)
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Talking financing with Jilin Jien Nickel?

There is noise about financing with Jilin Jien Nickel,

I believe the government of China owns most of Jilin Jien, some correct me if I am wrong.

I do not believe Jilin Jien will let itself own more than %20 of DBL, I think the Canadian stock commission has reporting rules that Jilin Jien would have to follow,(I do not think they would want to be bother with this type of paper shovel) someone can explain this better than I.

It is now up to the believers, the more solid the share price the less % of the company will end up with Jilin Jien (like we can do anything about the share price).

One thing is for sure, once the financing deal is announced the price will climb sharply, you will see buying from investment houses, and to get in you might be looking at the $2.00 + range.

Do not let this one pass you by, they are going to drill the strongest isolated anomaly in North America and they will find its cause.

Do your own DD, for some this might be the once in a life time stock score.
Check them out DARNLEY BAY Resources Limited

Last edited by Elderbank : Sat, 07-07-2007 at 10:02 PM. Reason: Permature information
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Old Wed, 07-25-2007, 01:04 AM   #9 (permalink)
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Darnley Bay Resources (DBL) TOP 19 ‘Watch List’ Reasons:
1. In Canada. No political risk.
2. New base metals/diamonds concession in the 7(1)(a) lands surrounding Paulatuk in the Northwest Territories with the Inuvialuit Regional Corporation (ie, the Natives are involved).
3 Financing arrangements with Wasserman Capital of New York, IBK Capital Corp of Toronto, and Khandaker Partners & Co, Inc. of New York. Asian mining company also reviewing so DBL will decide best fit financially and technically, while keeping dilution to a minimum and management in control for shareholder value.
4. The Geological Survey of Canada (GSC) has assigned a moderate to a high rating for the Anomaly to be a major mineral complex comparable to the Sudbury Basin in Ontario.
5. Paterson, Grant & Watson Limited, consulting geophysicists, did Framework for The Strategic Review. Go to DARNLEY BAY Resources Limited
6. Commodity prices much higher than 2000. Nickel is 10X higher due to world demand.
7. Share price: Oct 13/06 = $0.08; Feb 1/07 = $0.15; May 25/07 = $0.25; June 20/07 = $0.44; June 25/07 = $0.64; July 9/07 = $0.70 and likely will explode over $3.00 on more news! One of the top gaining stocks this year! Stock hit $2.98 May 10, 2000 when the first drill hole was suspended for technical reasons, before reaching the target.
8. The area is the site of the strongest isolated gravity anomaly in North America which, together with a coincident magnetic anomaly (with an amplitude of 1,200 nanoteslas), is termed by DBR as the “Anomaly”.
9. At 130 milligals, the gravity anomaly is:
• four times stronger than the Sudbury Basin gravity anomaly (in Ontario at 30mGals) , host of the world’s largest Ni and Cu deposits (already mined 1648.0 million tonnes @ 1.20% Ni, 1.08% Cu, 1.17g/t PGE by 2004);
• five times stronger than the Noril’sk deposits (in Russia at 25mGals) where the mined grade of Ni and Cu is the highest in the world (already mined 1309.3 million tonnes @ 1.77% Ni, 3.57% Cu, 9.50 g/t PGE by 2004);
• twice as strong as the Bushveld Complex, (in South Africa at 65mGals) estimated to contain 70% of the world’s PGEs (already mined , 11,549.9 million tonnes @ 0.13% Ni, 0.06% Cu, 5.67 g/t PGE by 2004).
10. DBL has a HUGE area for Drill Program approximately 85 km x 85 km, (Sudbury Igneous Complex: elliptical 60 x 30 km, 2.5 km thick)
11. Amazing management experience, led by CEO, Leon La Prairie, with over 50 years of mine experience, with deep history of exploration in the North.
12. Incredible selection of experts on the Advisory Board with Chairman, Stephen W. Reford, of Paterson, Grant & Watson.
13. Reduced risk when property is selected to be ‘the best’ similar to Diamond Fields Resources and their Voisey’s Bay Nickel discovery in 1993 and sale to Inco May 22/96 for $4.3 Billion; or Diavik & Ekati diamond finds in NWT ; or Aurelian gold find in Ecuador.
14. Mira Geoscience Advanced Geophysical Inversion Centre (AGIC) is doing 3D modeling of the Darnley Bay gravity & magnetic anomaly, to put all the data together to accurately define the best drill targets. Mira Geoscience, Gocad for mining
15. GlobeInvestor gives DBL 5-Stars.
16. Newsletters including The Analytical Investor, Inc. Editor Philip W. Speller are covering the DBL Story.
17. Institutional investors are watching as could be a 100-Bagger!
18. Lots of old supporters, consultants and directors have been holding a substantial position for a long time.
19. Proven diamonds in kimberlites to be drilled in future. See website: DARNLEY BAY Resources Limited
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