Donner Minerals (DML.V) Message Board

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

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To: Feline who wrote (2352)	12/15/1997 10:33:00 AM
From: VAUGHN	Read Replies (2) of 11676

Hello Feline Again, in my discussions with DML, I sense some frustration with the way Teck does and prioritizes things. They and their staff's futur do not depend on the need to establish tangible progress in the field in the eyes of the market. Their drummer is keeping time with Barry Manalow while DML might prefer Guns & Roses. The point being that Teck is doing things methodically with little regard for the need to achieve immediate exploration results but rather with their eye on understanding the geological setting with the intention of being able to identify the areas of greatest probable likelyhood of an economic deposit. THe information announced is apparently the information provided by Teck. In so far as last Monday's NR is concerned, something had to follow the field leak rumour which I suspect if it didn't occur, no NR would have been issued pending the assays announced Friday. I doubt the VSE was prepared to freez trading for the week. I agree with Terry however, some one in the field needs to be shown the door. The only blame I put on DML or Teck in this affair, is not making tighter security precautions with regard to what was and is found. I hope any futur announcement will respond to this issue. I am also less convinced that the 1% Ni assay was as much responsible for the market's decline on this play as the lack of a confirmation of continued drilling. In my view, the market decline on the lack of a prospect for continued exploration results in the immediate future. It will recover in advance of field results of the next drilling program. This, Cross Lake, and the Alberta/NWT diamond play will be the only stories for the next four months. I hope DML can convince Teck of the need to take addvantage of this window of opportunity, as there will be alot of $$ looking for a speculation/investment. "There are very few games in town". Regards

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