Donner Minerals (DML.V) Message Board

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

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To: Wally B who wrote (3516)	2/27/1998 12:57:00 AM
From: Andrew Bailey	Read Replies (3) of 11676

Wally - I would look at Pallaum who are JV'd with LAB on that property in between NAI and CYP - I favor PLM over LAB, but own both for a bunch of reasons. 1 Share structure is much better, LAB keeps issuing stock at .15 and .22 and I think it has over 30 million fully diluted. PLM has about 11 million out and all financing has been higher up. PLM also seems much tighter and would likely move quickly on news 2 LAB only has this property wheras PLM also has a lot of properties in Nevada - they probably would be trading at around .70 just with their Nevada properties. They are both good buys IMO b/c we have not heard much from them in regards to any NR's - We can only expect them to do a deal with Teck to get in the play and this is the only important property that Teck does not have a hold on. just my opinion, good luck. Andrew

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