KEVIN DOUGAN | The Rodney Dangerfield of the Jr. Mining Sector

 

Serengeti Resources

 

The Rodney Dangerfield of the Jr. Mining Sector

IN MY HUMBLE OPINION… SERENGETI RESOURCES IS THE LEAST RESPECTED AND MOST MISUNDERSTOOD COMPANY IN THE JUNIOR MINING SECTOR. LET’S LEARN AND HAVE A FEW LAUGHS ALONG THE WAY.

 

I asked my old man if I could go ice skating on the lake. He told me                        wait till it gets warmer.

SERENGETI HAS A RIDICULOULY LOW MARKET CAP OF LESS THAN $13 MIILION.  IT HAS OVER $ 7 MILLION IN THE TREASURY AND HAS SPENT OVER $ 20 MILLION IN DRILLING ON ONE OF IT’S FLAGSHIP PROPERTIES.

I TELL YA THEY GET NO RESPECT!!!

I told my doctor I swallowed a bottle of sleeping pills. He told me to have a few drinks and get some rest.

 

POSCO DAEWOO (WHO THROWS AROUND NICKELS LIKE MAN-HOLE COVERS), AFTER MUCH DUE DILIGENCE… AND VERY CAREFUL EVALUATION… DECIDED TO INVEST $ 8.2 MILLION FOR 35% OF JUST THE KWANIKA PROJECT ALONE.  SIMPLE GRADE SCHOOL MATH SAYS THAT PROJECT ALONE IS VALUED @ OVER $24 MILLION.

 I TELL YA THEY GET NO RESPECT!!!

 

This morning when I put on my underwear I could hear the Fruit of the Loom guys laughing at me.

 

CEO / DAVID MOORE IS A PAST WINNER OF PROSPECTOR OF THE YEAR. STATISTICS SHOW 94% OF GEOLOGISTS FAIL TO EVER DISCOVER A LEGIMATE MINE (LEAVING 6% IN THAT ELUSIVE GROUP) ONLY ONE OF THOSE CAN WIN THIS AWARD EACH YEAR..WHICH PROBABLY PUTS HIM IN THE LESS THAN 1% UPPER ECHELON OF THE WORLDS GEOLOGISTS.

I TELL YA – HE GETS NO RESPECT!!!

 

My wife made me join the Bridge Club –  I jump off next Tuesday.

 

SERENGETI RESOURCES HAS NEVER HAD A SHARE ROLLBACK SINCE DAVE MOORE TOOK CHARGE, ALTHOUGH THE COMPANY HAS BEEN IN MINING FOR OVER 20 + YEARS. THE COMPANY HAS LESS THAN 100 MILLION SHARES OUTSTANDING… PRETTY MUCH UNHEARD OF IN THE INDUSTRY.  SHARE ROLLBACKS HURT SHAREHOLERS AND USUALLY CREATE WEALTH FOR COMPANY EXECUTIVES. DAVE HAS BEEN ADMIRABLE IN NOT TAKING THE EASY WAY OUT DURING HARD TIMES.

I TELL YA – HE GETS NO RESPECT!!!

 

I could tell my parents hated me. My bath toys were a toaster and a radio.

 

LATEST P.E.A. SHOWS OVER 600 MILLION LBS. OF COPPER, 600,000 OZ. OF GOLD, 7 MIILLION OZ OF SILVER.  DO THE MATH…MY CALCULATOR TELLS ME THAT IS OVER $2.7BILLION OF RAW MINERALS IN THE GROUND. WHAT IS THAT WORTH??? YOU TELL ME… BUT ONLY 1% OF THAT NUMBER IS $27 MILLION. THE CURRENT MARKET CAP IS $13 MILLION…WHAT A JOKE.

I TELL YOU THIS COMPANY GETS NO RESPECT!!!

 

I looked up my family tree and found 3 dogs using it.

 

COPPER IS BECOMING THE NEW FLAVOR OF THE MONTH IN METALS. TRUMP’S INFASTRUCTURE PLANS, ELECTRIC CARS, ETC…, PRICE UP OVER 50% AND RISING OVER THE LAST FEW YEARS. COPPER IS AN INFLATIONARY SENSITIVE METAL SO UP TREND WILL CONTINUE TO PRESSURE RISING PRICES.

 

Last week I told my psychiatrist “I keep thinking about suicide” He told me from now on you have to pay in advance.

 

SERENGETI RESOURCES IS CONDUCTING A VERY TARGETED AND HIGHLY ANTICIPATED DRILL PROGRAM THIS SUMMER. IT IS GOING AFTER SOME POTENTIAL JUICY TARGETS ON KWANIKA. THEY ARE ALSO HAVING FOLLOW UP DRILL PROGRAMS ON AT LEAST 2 OTHER HIGHLY REGARDED PROPERITES WITH FOLLOW UP DRILL PROGRAMS.  IT WILL BE A SUMMER FULL OF NEWS AND HOPEFULLY SOME GREAT NEWS FOR US LONG SUFFERING, PATIENT SHAREHOLDERS.

 

I TELL YA – WE GET NO RESPECT!!!

 

What a childhood I had, when I took my first steps my old man tripped me.

 

INSIDERS HOLD OVER 24% OF THE FLOAT. THEY HAVE PURCHASED AND SUPPORTED AT MUCH HIGHER PRICES. THIS COMPANY DURING THE BULL YEARS OF 2008… TRADED NORTH OF $4.00 WITH NOT EVEN HALF THE POTENTIAL OR RESOURCE ESTIMATES. THE BOARD OF DIRECTORS IS SOLID WITH LEW LAWRICK & MICHEAL KOSOWON IS A MAJOR SHAREHOLDER. I PUT MY MONEY WHERE VERY SUCCESSFUL PEOPLE PUT THEIRS (GOOGLE THEM).

I TELL YA THIS COMPANY GETS NO RESPECT!!!

 

My wife and I were happy for 20 years. The we met.

 

DAVID MOORE KEPT THE DOOR OPEN DURING THE VERY LEAN YEARS… FOREGOING A SALARY TO KEEP THE LIGHTS ON.

IN MY BOOK THOSE ARE THE KIND OF GUYS I WANT TO INVEST WITH OVER THE LONG TERM.

I HAVE BEEN TO HIS OFFICE ON SEVERAL OF MY TRIPS UP TO VANCOUVER. TRUST ME… IT’S NOT THE TAJ MAJAL, NO FOUNTAINS IN THE LOBBY, NOR BON BONS & CAVIAR… JUST MAPS AND CHARTS AND A WHOLE LOT OF HARD WORK.

THAT IS NOT TO SAY I HAVEN’T HAD MY DISAGREEMENTS WITH HIM AT CERTAIN TIMES.

PROMOTION HAS NEVER BEEN THIS COMPANY’S STRONG SUIT… BUT THAT IS CHANGING. DAVE UNDERSTANDS THE NEED TO GET THE WORD OUT. HE IS TRYING…HE HAS BEEN DOING SEVERAL TRADE SHOWS AND WILLL HAVE A BOOTH AT PDAC (BOOTH 2753)… I WILL PICK HIS BRAIN WHILE I’M THERE.

 

IN CLOSING, I HOPE THIS ARTICLE MADE YOU SMILE AND PERHAPS LAUGH OUT LOUD. TRUST ME I’M SERIOUS AS A HEART ATTACK WHEN I TELL YOU THIS INVESTEMENT GAME REALLY IS NO LAUGHING MATTER. WE HAVE BEEN THROUGH CLOSE TO 10 YEARS SINCE THIS STOCK WAS IN ITS HEY-DAY.

I HAVE NEVER GIVEN UP ON SERENGETI AND DAVE MOORE. THEY ARE BOTH VERY HIGHLY REGARDED AND SOMEDAY THE INVESTMENT COMMUNITY WILL WAKE UP TO THIS UNDER VALUED (AND IN SOME CASES UNHEARD OF SLEEPER).  I KNOW THAT DAY WILL COME AS THIS COMPANY IS THE REAL DEAL. MY FAMILY & FRIENDS HAVE SAT PATIENTLY. I I KNOW OUR TIME WILL COME.

THIS COMPANY WILL BE RESPECTED SOON – JUST LIKE MY PAL RODNEY!!!    KD

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