Donner Minerals (DML.V) Message Board

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

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To: Zardoz who wrote (2269)	12/12/1997 3:14:00 PM
From: Feline	Read Replies (1) of 11676

You have to be a little careful with respect to cobalt assays. It is difficult to get an accurate assay. Also, the extraction of the metal usually is complex as it is notorious for poor recoveries. Getting 40% of the assay in metal is not uncommon. Also, the market for cobalt is very thin and you can't rely on the posted price. I'm using US$12 per pound but given the supply coming on in the next few years this may be too high. The Donner prospect will have to fly on its nickel content. The grades to date are very interesting and the latest hole is the most significant to date due to its apparent thickness. It definetly has my interest and the property requires a lot more work. Deeper drilling I think?

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