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Gold/Mining/Energy : Donner Minerals (DML.V)
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To: the Chief who wrote (3290)2/4/1998 7:26:00 PM
From: c.r. earle  Read Replies (2) of 11676
 
Chief,

Here is my uneducated theory. I would think that the run up has taken a life all its own. Accumulation has accelerated the movement in price. Unless there is some leak somewhere of impending news I would think that we will see a pullback.

Or at least I was hoping so. I sold all my shares off approx. 4 weeks ago when it spiked to $1.65 from about $1.20. It did retreat thereafter but I missed the strong accumulation around $1.25 .30 .I was of the belief that we had sufficient time to accumulate the stock before the start of drilling in late March, April whichever it may be.

There certainly has been much interest in DML, but I would echo the previous few comments on Canaccord. We have commented on this before, no sooner do they recommend accumulation than we see them as one of the leaders in unloading shares. How typical!!
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