Investing Online

[rsedar]

Nice news and more things to come. I will buy in today.

[Zeroluv]

Originally Posted by rsedar

Nice news and more things to come. I will buy in today.

Massive volume over the last week. SOmething is truely up here. I'm in for the ride !

[capt_nemo]

Originally Posted by Zeroluv

Massive volume over the last week. SOmething is truely up here. I'm in for the ride !

Just waht makes this "run" different ??? And please dont say read the news, HAAAAAAAAAAAA 99.9% of it is bullchit anyway, Just put out to create the buying frenzy!!!!

[Zeroluv]

DKGR is uptrending nicely! Level II is thin on the ask and the path to .01 is fast!

[capt_nemo]

I guess the word needs some serious promotion,,,LOL

[Zeroluv]

Drake Gold Resources, Inc. Welcomes the Addition of a New CFO

Tuesday July 17, 1:30 pm ET


New Chief Financial Officer Thomas E. Conar Joins Drake Gold Resources, Inc.


SCOTTSDALE, AZ--(MARKET WIRE)--Jul 17, 2007 -- Drake Gold Resources (Other OTCKGR.PK - News) is pleased to announce the addition of CFO Thomas E. Conar to its management team. Mr. Conar brings a decade's long history of successful work in corporate manufacturing accounting to Drake Gold Resources. His combination of organization building and contacts in the investment banking industry is an incalculable asset that will complement his fellow corporate officers. "I see Mr. Conar's addition as a crucial piece of the core leadership team that will handle a number of logistical concerns, not least of which is his ability to address capital finance needs, so that the company can continue its drive to create a formidable portfolio of development projects. Our mining executives are now free to pursue these projects knowing that they have his support," according to newly appointed company president John Marconette.

Thomas E. Conar was a cum laude accounting graduate who quickly moved into a career that came to focus on making organizations more efficient and thus more viable. One of the more impressive credits in Mr. Conar's resume, which led Drake Gold Resources to seek him out, was his leadership at Athens Furniture. With the help of his investment banking contacts, Mr. Conar was able to take the company private and reorganize it into a manufacturer whose products were in high demand. The company essentially doubled in size; under Conar's guidance it went from 400 to 800 employees with sales revenue increased from $30 million to $50 million yearly. The company eventually opened additional facilities in North Carolina and Scotland, selling to all of the lower 48 states and Great Britain.

As CFO, Thomas E. Conar is charged with the financial health of the organization, including a responsibility for ensuring DKGR resources are effectively employed toward the achievement of the company's strategic plan. Mr. Conar will also be responsible for management oversight of all financial functions and will track all capital finance initiatives, revenues, costs, expenditures, investments and debt. As the company continues to grow it has become necessary to bring on a seasoned professional to handle these duties and assign accountability.

ABOUT DRAKE GOLD RESOURCES INC.

Drake Gold Resources Inc. is an early-stage mining and energy company that focuses on the exploration and production of precious metals and energy, such as petroleum and coal. Several projects have been identified in North America. Announcements will be made as agreements are completed.

DKGR intends to be a diversified company by operating in the natural resource, petroleum, and alternative energy markets. As a result of ever-increasing scarcity, the market for natural resources is clamoring for diversification and innovative exploration tactics. Potential opportunities for diversification include gold, silver and other minerals. DKGR also plans to capitalize on current and long-term trends in energy prices to operate in the petroleum and alternative energy markets.

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 and 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 you should consider, this list is limited and additional risk not mentioned may apply: failure to meet Drake's financial and contractual obligations, Drake's managerial errors made based upon 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:
Contact:
Drake Gold Resources, Inc. (DKGR)

Investor Relations Hotline
1-888-601-9983
Email: info@DrakeGold.com
Website: Gold Penny Stocks Mining Resources | Hot Penny Stocks Investing

Public Relations Contact
1-310-728-9445
Email: Info@DrakeGold.com

[capt_nemo]

for da chart today, busted the upper bollie, saweeeeeet

Rider , I am sure is eyeballing this one!!! weeeeeeeeeeeeeee

[Zeroluv]

DKGR - DRAKE GOLD RESOURCES (OTC)

Date Open High Low Last Change Volume % Change
07/18/07 0.0080 0.0085 0.0075 0.0085 +0.0005 2562611 +6.25%

Composite Indicator
Trend Spotter TM Buy

Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy

Short Term Indicators Average: 100% - Buy
20-Day Average Volume - 3429980

Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy

Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 2308082

Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Sell

Long Term Indicators Average: 33% - Buy
100-Day Average Volume - 1814046

Overall Average: 72% - Buy

Price Support Pivot Point Resistance

0.0085 0.0072 0.0082 0.0092

[capt_nemo]

I'm amazed!!!

Technical Analysis: DRAKE GOLD RESOURCES (OTO : DKGR)


STOCKSCORE FOR 7/18/2007 3:59:00 PM MARKET CLOSE: 86

How To Use The Stockscore
Today's Trading (as of 7/18/2007 3:59:00 PM)
Open $ 0.01 Change 0

High $ 0.01 % Change 5.88

Low $ 0.01 Volume 0

Close $ 0.01 # of Trades N/A

$ Value Volume $ 0



Stock Scores
Stock Score 86

Rating Bullish

Smoothed Stockscore 63

40 Day High New High

40 Day Low None



Price Indicators
Moving Average Indicators
15 Day Trend Bullish

45 Day Trend Bullish

100 Day Trend Bullish

MT Moving Avg Crossover N/A

LT Moving Avg Crossover N/A

Volatility Indicators
Abnormal Activity Today? None

Volatility Index Today High

Volatility Index Yesterday High

10 Day Volatility Decr

20 Day Volatility Incr

40 Day Volatility Decr



Price Relativity
From 40 Day High 106% From 40 Day Low 327%

From 80 Day High 106% From 80 Day Low 327%

From 150 Day High 68% From 150 Day Low 327%



Support/Resistance
5 Day Support $0.01 5 Day Resistance $0.01

15 Day Support $0.00 15 Day Resistance $0.01

80 Day Support $0.00 80 Day Resistance $0.01



Pivot Analysis
Price Pivot $0.01

Day Resistance 1 $0.01

Day Support 1 $0.01

Day Resistance 2 $0.01

Day Support 2 $0.01

Recent Moves
Gain/Loss - 10 day 55%

Gain/Loss - 30 day 166%

Gain/Loss - 60 day 70%

Gain/Loss - 200 day 70%



Consolidations
Short Term Yes

Medium Term No

Long Term Yes

Today's Trading
Gap None

Candle Bullish



Volume Indicators
Volume Averages
20 Day Avg Vol 3,455,020

Today / 20 Day Avg Vol Below

150 Day Avg Vol 2,027,651

Today / 150 Day Avg Vol Above

Today's Trading
Abnormal Volume None

Abnormal Trades N/A



WILLIAM VOLUME ACCUMULATION: Bullish
VOLUME PRICE TREND: Bullish


Momentum Indicators
Trend
10 Day Trend Bullish

40 Day Trend Bullish

100 Day Trend Bearish

STOCHASTICS: Overbought
RSI: Overbought
MACD: Bullish

[Zeroluv]

DKGR is trending perfectly on the chart.