SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ed Pakstas who wrote (4151)4/20/1998 7:49:00 PM
From: donkeyman  Read Replies (1) of 11676
 
Concerning that minerals meeting today in Toronto, how can anyone put a price on donner at $10/share if they have a discovery What % of the property where the strike is made would DML own 25% ? 50% ?? If we are talking NAI/DML it is a very interesting property. They might hit upon more 1.1% + nickel or they might hit upon more of that 12% nickel (which is 10 times richer than the Eastern Deeps). ?? IF Donner jumped to $10/share because of the NAI/DML claim would that mean NAI would jump to around $20/share, ?? because that would mean NAI would automatically own twice as much as donner.????. The variation in the price of nickel I think is US$3.75/lb.in 1996 and US$2.40/lb. currently. ?? I believe Diamond fields was sold for around $160.00/share It would it be a shame to have to sell Donner at $10/share with 50 million tons of 10% nickel !!!! However keep in mine DF did own nearly 100% of their property??? TECH I think also had a small bite.???
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext