Donner Minerals (DML.V) Message Board

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

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To: hedger who wrote (1960)	12/10/1997 2:57:00 PM
From: Feline	Read Replies (1) of 11676

I like your level of trust but I will defer speculative comments until the information is provided in a usable format. Teck has a basic conflict here as they are shareholders of DML and are partners with NAI by the terms of the deal. They also have a fiduciary obligation to their shareholders to get the best value for the assets employed. You can't assume that Teck is going to force DML to provide all the information when they don't have to. If DML can get away with geological bafflegab and it may benefit Teck, why are they going to do otherwise if they don't have to meet some reporting standard? If it's not in Teck's best interests, then they will probably ignore the issue unless forced to do so. This is a regulatory issue that provides for yours and my interests so that the information available is available to all in terms that can be easily understood. Then, its up to us to interpret the information and act according to OUR best interests. Even with an assay from 97-96 nobody but the insiders, including Teck, can hope to interpret what it means. Is this fair? I believe that this is a serious issue and I can't believe that so many speculators are so sanguine.

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