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Strategies & Market Trends : Beat The Street With SI Traders

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To: Goose94 who wrote (118646)8/13/2013 6:33:44 PM
From: Rocket Red  Read Replies (3) of 233893
 
Donner Metals Ltd. ( TSX: V.DON, Stock Forum) was the volume leader on the TSX Venture Exchange. It fell 37.5% and was trading at $0.025 on volume of 3.9 million.

Today, the junior miner reported that on August 12, 2013, it failed to make a cash call in the amount of $4.3 million under the development and operating agreement dated as of July 12, 2011 by and between Glencore Xstrata plc ( GLNCY)- Xstrata Zinc Canada Division and Donner. Should Donner fail to remedy this situation within thirty days, it shall be in default under the agreement.
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