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Hi shakenhat,

Good observation the shareprice will jump fast, when a few buyers jump in.
Even the bot does not want to give many shares away to keep the price down, so they can accumulate at lower levels when the weak hands part with their shares.

Also a important aspect to remember is the fact the most longterm holders like myself, are holding shares for which they paid 40 cts or more for.

Those days Drake reached a top shareprice of 72 cts, only for their highly prospective exploration tenements and the calibre of management.

So its quite amazing to see now with this major nickel find, that we still have only a shareprice of around the 25 cts level.

In the meantime Drake has aquired more exploration tenements in Scandinavia, has got a good understanding of the potential of those tenements and has added to their African gold exploration tenements.

In Mauritania they have hit gold where ever they lowered the drill bit, just have not been able to find the motherload yet.
And there are few who believe that the Tassiast gold mine from Kinross with around 8 million oz of gold, is the only resource out there.

The managment of DRK are looking for big deposits and have taken on JV partners to explore the lesser tenements in Scandinavia.

So you may see where I come from, when I say we are still dirt cheap and once the enormous potential of DRK gets in the open (hopefully in the next announcement) we can expect a BIG re-rating.

It does not take many shares to double the current shareprice and beyond.

Plenty of longterm holders like myself, will be topping up to average down as the story unfolds.

And we have plenty of stories on the SIR forum of holders who are extremely upset for having sold out early.

So imho the Drake story is one that can create millionairs on hotcopper, like we have seen with some other companies.

But you have to be in it, to win it.

good luck to all

and please do your own research as I could be totally wrong.

jojo