DKGR Thread- Drake Gold Resources Inc. - Penny Stocks

fdjr13 · Mon, 02-13-2006, 07:58 PM

Drake Gold Resources Inc. Solidifies Position as Gold Company With New Website
Monday February 13, 3:27 pm ET

VANCOUVER, WA--(MARKET WIRE)--Feb 13, 2006 -- Drake Gold Resources Inc. (Other OTC

KGR.PK - News), a brand-new company that focuses on the exploration and production of precious metals, is pleased to announce that it has released its company website.
http://www.drakegold.com

The Drake Gold team is preparing to completely equip the new site with all the necessary tools to educate and update the current and future shareholder base of the company. The company platform will be consistently updating with new information about Drake Gold and the gold precious metal mining sectors. The mission statement of the Drake Gold team is to offer the most comprehensive and elaborate site for the proper and full due diligence of both the individual and institutional investor.

Although the company has not released the information of the new mining-clad management team so that the public can fully understand the value of this company, there are plans as per the latest press releases to update the public as soon as possible.

Technical assays and asset information including but not limited to maps, engineering reports, pictures, etc. will also be available as soon as official announcements will be made.

Shareholder inquires and suggestions are welcomed and should be directed to the Drake Gold Investor Relations Team at the contact below.

This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism and the conflict with Iraq. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. 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:
Clayton Smith
1-503-618-0370
1-888-601-9983
info@novakcapital.com

fdjr13 · Tue, 02-14-2006, 10:30 PM

Drake Gold Resources Corp. (DKGR) is ready to release news in regards to the new management team and assets as soon as possible. I am sure their is alot of paperwork that needs to get done and signed??? There is probably a new share structure for the company??And is probably being worked on?? This takes alot of work...and paperwork?? Lawyers involved??? Nothing is easy..I also believe when they are done this next move will be EXPLOSIVE!!!!!!!It is said the new team via previous PR's that this team is highly experienced and well known professionals in the mining industry..The properties could be the ACE IN THE HOLE!!! We do not know how good they are????

"Although the company has not released the information of the new mining-clad management team so that the public can fully understand the value of this company, there are plans as per the latest press releases to update the public as soon as possible."

" Along with updates regarding the all-new management it was also stated that the company is prepared to enter into several Letter Of Intents (L.O.I.) to acquire or joint venture with valuable precious metal assets."

Like I said. I believe the next move will be explosive..GLTY

furrysound · Wed, 02-15-2006, 04:07 PM

Although we've seen some selling pressure, the stock has been holding up well. Indications of strong support. On watch for follow up to earlier news this week regarding new management, properties, assets, etc.

Wed, 02-15-2006, 10:03 PM

Still holding and if its going to boucne IMO tomorrow is the day. %R and Fast stoch are just about hitting bottom

otcplayer · Wed, 02-15-2006, 10:26 PM

Quote:

Originally Posted by furrysound

Although we've seen some selling pressure, the stock has been holding up well. Indications of strong support. On watch for follow up to earlier news this week regarding new management, properties, assets, etc.

I'd have to say that the "smart money" has already exited this play,it's a pennystock and a pinky at that.

fdjr13 · Thu, 02-16-2006, 08:54 PM

NY gold rallies to end near day's peak, funds buy
Thu Feb 16, 2006 3:12 PM ET

NEW YORK, Feb 16 (Reuters) - Gold futures in New York rallied on fund buying on Thursday, closing near session highs as chart support held and as the dollar slipped modestly on rumors of a bomb threat at the city's biggest bus terminal.

Prices spurted higher after the Port Authority station was briefly evacuated near midday as police inspected a suspicious package. The transportation hub on 42nd Street was reopened soon after the police gave the all clear signal.

Traders said the bomb scare had pulled the U.S. dollar down against the euro and the Swiss franc and likely attracted some investors to the precious metals.

"There was fund buying coming in here, and it later spread around the trading ring, but the volume isn't that heavy," a gold and silver floor broker said.

Traders also said a late round of speculative buying before a short session Friday and a long weekend also buoyed the market after gold recovered from its lows below $540 an ounce.

New York metals futures will shut early at about noon on Friday and the market will remain closed on Monday for the U.S. holiday of Presidents Day.

Gold for April delivery <GCJ6> on the New York Mercantile Exchange's COMEX division settled up $6.10 or 1.1 percent at $548.80 an ounce, near the top of a $549.20 to $538.60 range.

Andy Montano, a director at ScotiaMocatta in Toronto, said it looked like "relief buying" lifted gold prices as the dollar slipped back and crude oil steadied late in the session.

"There was buying in silver too and that was helping gold. There looked to be some short covering" when the market moved up from the lows, he added.

But gold ultimately stayed in its wide range of about $535 to $555, as traders awaited the next direction from the big commodity funds in the driver's seat of the market.

COMEX gold futures surged to $579.50, the highest price since January 1981, on strong investment demand, and bullion scaled a similar peak at $574.60 an ounce on the same day.

Prices subsequently fell to around $535 by early this week and views were mixed about the prospects for a renewed rally, due to expectations for higher U.S. interest rates that tend to support the dollar and dampen gold demand.

In a second day of congressional testimony, new Federal Reserve chief Ben Bernanke reiterated his upbeat assessment of the U.S. economy and an earlier warning about inflation risks.

His comments left expectations intact for further Fed rate hikes that should underpin the dollar for most of the year's first half, analysts said.

Spot gold <XAU=> traded at $545.80/546.70 an ounce from Wednesday's New York close at $539.50/540.40. Thursday's afternoon fix in London by bullion dealers was at $538.75.

Traders put support in COMEX April gold at $540 and Tuesday's five-week low at $537.80 and resistance at $550 and $560.

March silver <SIH6> rose 15.5 cents or 1.7 percent to close at $9.37 an ounce, after trading from $9.10 to $9.38.

At the end of January, futures almost pierced the $10 level when silver shot to a 22-year high in a broad precious rally.

Spot silver <XAG=> last traded at $9.36/9.39 an ounce, from $9.20/23 previously. It fixed at $9.20.

NYMEX April platinum <PLJ6> was up $1.10 at $1,007.60 an ounce. Overnight, it hit its lowest level since Jan. 6 at $990.20. Spot <XPT=> was last at $1,005/1,010.

March palladium <PAH6> rose 20 cents to $277.20 an ounce. Spot palladium <XPD=> reached $274.50/278.50.

Fri, 02-17-2006, 06:52 PM

Perfect chart set up, doji candle thursday suggesting selling is nearing a end and a HAMMER candle today to hammer the price back up in theory....liking this..

justintime · Mon, 02-20-2006, 02:01 PM

I saw this was a new pick from thepennypros.com website. Maybe it will get some more publicity this week and make a move.

justintime · Tue, 02-21-2006, 08:35 PM

closed at HOD and up 28.57%

cash2burn · Wed, 02-22-2006, 12:31 AM

Saw this on two other boards........ 02-21-06: Not sure what to expect from her now. A lot of trades and nice volume going into the stock. The sellers are getting out while the stock continues to uptrend which is a very good sign. I would like to think Gap to around .02 tomorrow and hopefully a PR will be released to back up the PR. This stock has done nothing but hold it's support line over the past month.
I believe a lot of peolpe are holding and picking up even more shares everytime she dips. Many stocks spike for 1-2 days then come down only to crash and never bounce back. This stock has had nothing but postive volume backing up those who want out which has allowed this stock to uptrend.
Much like what furry has been saying all along. Look for a .05 HOM (High of Month) and even better things to come from this company next month. If you had to ask me this is a buy between .01-.025 if you are planning to invest longterm into this company.

Mon, 02-13-2006, 07:58 PM	#1 (permalink)
fdjr13 Member Join Date: Mar 2005 Location: Connecticut Posts: 83	DKGR Thread- Drake Gold Resources Inc. Drake Gold Resources Inc. Solidifies Position as Gold Company With New Website Monday February 13, 3:27 pm ET VANCOUVER, WA--(MARKET WIRE)--Feb 13, 2006 -- Drake Gold Resources Inc. (Other OTCKGR.PK - News), a brand-new company that focuses on the exploration and production of precious metals, is pleased to announce that it has released its company website. http://www.drakegold.com The Drake Gold team is preparing to completely equip the new site with all the necessary tools to educate and update the current and future shareholder base of the company. The company platform will be consistently updating with new information about Drake Gold and the gold precious metal mining sectors. The mission statement of the Drake Gold team is to offer the most comprehensive and elaborate site for the proper and full due diligence of both the individual and institutional investor. Although the company has not released the information of the new mining-clad management team so that the public can fully understand the value of this company, there are plans as per the latest press releases to update the public as soon as possible. Technical assays and asset information including but not limited to maps, engineering reports, pictures, etc. will also be available as soon as official announcements will be made. Shareholder inquires and suggestions are welcomed and should be directed to the Drake Gold Investor Relations Team at the contact below. This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism and the conflict with Iraq. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. 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: Clayton Smith 1-503-618-0370 1-888-601-9983 info@novakcapital.com __________________ http://www.investorshub.com/boards/b...?board_id=2185 RIDE THE WAVE!!!!!!!!!!!!!!!!!!!!

Tue, 02-14-2006, 10:30 PM	#2 (permalink)
fdjr13 Member Join Date: Mar 2005 Location: Connecticut Posts: 83	Drake Gold Resources Corp. (DKGR) Drake Gold Resources Corp. (DKGR) is ready to release news in regards to the new management team and assets as soon as possible. I am sure their is alot of paperwork that needs to get done and signed??? There is probably a new share structure for the company??And is probably being worked on?? This takes alot of work...and paperwork?? Lawyers involved??? Nothing is easy..I also believe when they are done this next move will be EXPLOSIVE!!!!!!!It is said the new team via previous PR's that this team is highly experienced and well known professionals in the mining industry..The properties could be the ACE IN THE HOLE!!! We do not know how good they are???? "Although the company has not released the information of the new mining-clad management team so that the public can fully understand the value of this company, there are plans as per the latest press releases to update the public as soon as possible." " Along with updates regarding the all-new management it was also stated that the company is prepared to enter into several Letter Of Intents (L.O.I.) to acquire or joint venture with valuable precious metal assets." Like I said. I believe the next move will be explosive..GLTY __________________ http://www.investorshub.com/boards/b...?board_id=2185 RIDE THE WAVE!!!!!!!!!!!!!!!!!!!!

Wed, 02-15-2006, 04:07 PM	#3 (permalink)
furrysound Technical Advisor Join Date: Mar 2005 Posts: 81	Although we've seen some selling pressure, the stock has been holding up well. Indications of strong support. On watch for follow up to earlier news this week regarding new management, properties, assets, etc. __________________ FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of.

Thu, 02-16-2006, 08:54 PM	#6 (permalink)
fdjr13 Member Join Date: Mar 2005 Location: Connecticut Posts: 83	DKGR RIGHT TIME RIGHT SPACE NY gold rallies to end near day's peak, funds buy Thu Feb 16, 2006 3:12 PM ET NEW YORK, Feb 16 (Reuters) - Gold futures in New York rallied on fund buying on Thursday, closing near session highs as chart support held and as the dollar slipped modestly on rumors of a bomb threat at the city's biggest bus terminal. Prices spurted higher after the Port Authority station was briefly evacuated near midday as police inspected a suspicious package. The transportation hub on 42nd Street was reopened soon after the police gave the all clear signal. Traders said the bomb scare had pulled the U.S. dollar down against the euro and the Swiss franc and likely attracted some investors to the precious metals. "There was fund buying coming in here, and it later spread around the trading ring, but the volume isn't that heavy," a gold and silver floor broker said. Traders also said a late round of speculative buying before a short session Friday and a long weekend also buoyed the market after gold recovered from its lows below $540 an ounce. New York metals futures will shut early at about noon on Friday and the market will remain closed on Monday for the U.S. holiday of Presidents Day. Gold for April delivery <GCJ6> on the New York Mercantile Exchange's COMEX division settled up $6.10 or 1.1 percent at $548.80 an ounce, near the top of a $549.20 to $538.60 range. Andy Montano, a director at ScotiaMocatta in Toronto, said it looked like "relief buying" lifted gold prices as the dollar slipped back and crude oil steadied late in the session. "There was buying in silver too and that was helping gold. There looked to be some short covering" when the market moved up from the lows, he added. But gold ultimately stayed in its wide range of about $535 to $555, as traders awaited the next direction from the big commodity funds in the driver's seat of the market. COMEX gold futures surged to $579.50, the highest price since January 1981, on strong investment demand, and bullion scaled a similar peak at $574.60 an ounce on the same day. Prices subsequently fell to around $535 by early this week and views were mixed about the prospects for a renewed rally, due to expectations for higher U.S. interest rates that tend to support the dollar and dampen gold demand. In a second day of congressional testimony, new Federal Reserve chief Ben Bernanke reiterated his upbeat assessment of the U.S. economy and an earlier warning about inflation risks. His comments left expectations intact for further Fed rate hikes that should underpin the dollar for most of the year's first half, analysts said. Spot gold <XAU=> traded at $545.80/546.70 an ounce from Wednesday's New York close at $539.50/540.40. Thursday's afternoon fix in London by bullion dealers was at $538.75. Traders put support in COMEX April gold at $540 and Tuesday's five-week low at $537.80 and resistance at $550 and $560. March silver <SIH6> rose 15.5 cents or 1.7 percent to close at $9.37 an ounce, after trading from $9.10 to $9.38. At the end of January, futures almost pierced the $10 level when silver shot to a 22-year high in a broad precious rally. Spot silver <XAG=> last traded at $9.36/9.39 an ounce, from $9.20/23 previously. It fixed at $9.20. NYMEX April platinum <PLJ6> was up $1.10 at $1,007.60 an ounce. Overnight, it hit its lowest level since Jan. 6 at $990.20. Spot <XPT=> was last at $1,005/1,010. March palladium <PAH6> rose 20 cents to $277.20 an ounce. Spot palladium <XPD=> reached $274.50/278.50. __________________ http://www.investorshub.com/boards/b...?board_id=2185 RIDE THE WAVE!!!!!!!!!!!!!!!!!!!!

Fri, 02-17-2006, 06:52 PM	#7 (permalink)
Stock_Analyzer Posts: n/a	chart set up Perfect chart set up, doji candle thursday suggesting selling is nearing a end and a HAMMER candle today to hammer the price back up in theory....liking this..

Wed, 02-15-2006, 10:03 PM	#4 (permalink)
Stock_Analyzer Posts: n/a	Still holding and if its going to boucne IMO tomorrow is the day. %R and Fast stoch are just about hitting bottom

Mon, 02-20-2006, 02:01 PM	#8 (permalink)
justintime Member Join Date: Dec 2005 Posts: 66	DKGR I saw this was a new pick from thepennypros.com website. Maybe it will get some more publicity this week and make a move.

Tue, 02-21-2006, 08:35 PM	#9 (permalink)
justintime Member Join Date: Dec 2005 Posts: 66	HOD closed at HOD and up 28.57%

Wed, 02-22-2006, 12:31 AM	#10 (permalink)
cash2burn Join Date: Jan 2006 Posts: 9	DKGR, could this really be what's next? Saw this on two other boards........ 02-21-06: Not sure what to expect from her now. A lot of trades and nice volume going into the stock. The sellers are getting out while the stock continues to uptrend which is a very good sign. I would like to think Gap to around .02 tomorrow and hopefully a PR will be released to back up the PR. This stock has done nothing but hold it's support line over the past month. I believe a lot of peolpe are holding and picking up even more shares everytime she dips. Many stocks spike for 1-2 days then come down only to crash and never bounce back. This stock has had nothing but postive volume backing up those who want out which has allowed this stock to uptrend. Much like what furry has been saying all along. Look for a .05 HOM (High of Month) and even better things to come from this company next month. If you had to ask me this is a buy between .01-.025 if you are planning to invest longterm into this company.

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