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Message: Private placement update- Spec cycle to begin!!!

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cwallace

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Private placement update- Spec cycle to begin!!!

posted on Dec 09, 09 08:22PM

Good evening Darnley Bay

I inquired with Leon/ Stephen today and they advised me they are no longer taking orders for the proposed financing. The financing looks particularly cheap given the share price, but if that's what's needed to raise some good money, so be it.... we need drilling on North America's biggest anomoly.

Anyone who hasn't checked out the website, it would be a good idea.

www.darnleybay.com

I realise, this is only a target, but, if we are here to make money, the speculation will go into overdrive if this placement closes in the 3-5 million range, and a drill program is announced.

I am not advising buying or selling here, just do some DD and be prepared for what could be a great speculative cycle.

regards

cwallace

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