Northern Abitibi Mining (NAI-ASE) Message Board

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Gold/Mining/Energy : Northern Abitibi Mining (NAI-ASE)

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To: Buckey who wrote (171)	12/11/1997 12:16:00 AM
From: Feline	Read Replies (2) of 773

The main reason NAI is below DML is that Harper runs the company and there still is a bit of a smell from his involement with GNU in Ghana. He has zero credibility and the money won't flow NAI's way until the facts of a deposit are apparent. This "promoter effect" applied for a long time during the DFR discovery as a lot of people couldn't see beyond their predjudicial opinion of Friedland. They ignored the results and thought they were fraudulent based on Bob's past. The stock was undervalued for a long time because of this. You should also note that DFR published detailed drill maps with accurate information on all drill holes. As well, once DFR hit the main zone (hole 7) they stayed in the mineralisation and only drilled 50 meter step-outs. DML is not doing this and it causes me some concern. If Friedland hadn't published very detailed information on a timely basis his credibility would have been impaired forever. In effect, he kind of made piece with the community. The Galactic promotion became a problem for the whole mining community. So, Donner doesn't have the baggage that NAI has. But, if the deposit is there it won't care who the shareholders are. A good strategy would be to be short DML and be long NAI, the relative amounts depending on your view of success, timing and your greed of course. The leverage is with NAI by a long shot and that's the one I intend to buy if I can get the drill grid...soon. Remember that this magmatic mineralization is very distinctive. If you go to the American Museum of Natural History in NY there is a meteorite that landed in a third world country called Newfoundland. Its in one of the main lobbies. Its fabric and texture (of the meteroite not the lobby) is identical to the core pulled at DFR. When seen in drill core it is unmistakeable and the drillers know who to phone and what to do as they are driven as we are. Thanks for the kind words. I don't worry about flames as I'm only interested in making money without laboring anything but my brain. Cheers and good hunting.

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