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Gold/Mining/Energy : Donner Minerals (DML.V)

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To: Ed Pakstas who wrote (1019)11/14/1997 11:24:00 PM
From: Winer   of 11676
 
Ed: Thanks for the reply. I think P. Grandich may have been following Donner since before I started receiving the newsletter, but when I read about it (thus) it was in the 1.00 - 1.20 range. The chart was fairly steady in that range all the way along for many months until the recent runup.

Also interesting that a number of mining issues that did not seem to be much affected by Bre-X have moved back to their support levels of last November (QTR, PFG, TNKR). I realize there are many factors at play here but but looking specifically at QTR the only real difference between then and now is the POG. If QTR was worth a little less than 1.00 a year ago and demonstrated admirable resiliency post Bre-X at over 2.00, then I find it interesting that when gold was 385.00 QTR was worth only what it is valued at today. QTR fans may argue the point, but I don't think that much has changed for the company between then and now, they have drilled some holes and benefitted from closeology, but they are still simply an exploration company with possibilities. In speculative situations like this the numbers don't add up. Or maybe the numbers did'nt add up as well a year ago as they do now!
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