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

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To: donkeyman who wrote (3524)2/27/1998 1:16:00 PM
From: Andrew Bailey  Read Replies (1) of 11676
 
Donkeyman - tough to announce a financing at .22 if the stock is at .37 - but much easier when the stock closes at only 30 cents. 4.5 million + a warrant at .22 ( 9 million shares ) is alot cheaper than if they had to do it at .30. This is probably why cannaccord hit it down to .30 and now they'll buy it back up like they did today.

Andrew
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