Donner Minerals (DML.V) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mad cow II who wrote (3781)	3/25/1998 4:02:00 PM
From: king tut	Read Replies (1) of 11676

Mad cow II, this message is for you. This is my analysis on a economic mine deposit at with 20 mt of ore with ni $2.85 us, cu $1.00 us and co $15.00 us. To determine the price per tonne I used drill hole 97-67 assay results 1.13 ni, .78 cu and .20 co. (This was over 15m vertical drill) I did not include assay results from hole 97-75 which were 11.75 ni, 9.70 cu and .43 co over 1.2 meters at 45* angle or so. These two core samples represent $40,000 CDN in metal sales alone (125 tonnes). The value of this assay puts on the ore is $216.oo CDN. Multiply 216.00 by 20 mt you have 4.3 billion dollars divide by 4 (25%) you have 1.082 billion dollars, divide by 35 million fully diluted shares you $30.00 in metal sales. There it is . I am not saying Donner has a very valuable property, but I am saying Donner may become a very valuable property owner/co-owner these are just my thoughts One more item You notice the extra amounts of director and employee options being granted over the past 10 months. I have not checked insider trading but I believe these options are being held. just my thoughts.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next