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

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To: Buckey who wrote (4519)5/14/1998 4:36:00 PM
From: 1king  Read Replies (3) of 11676
 
Well! Well! Well!

Quite the classic. Where are you IKE how could Teck miss the massive sulphide. How! How! It is Teck for God's sake Teck.
Sorry, I just had to.

Not great results we will have to see how the market handles it.

Maybe NOW some people will realize that if you got the ground you can't just plunk a drill right in the ore.

I can only assume they are following a surface conductor from an in-loop survey. They mentioned nothing of BHUTEM (IV) work so I guess they have not probed any holes. I would regard this as technically a positive step forward. They will probe these holes and with such a low level of mineralization we should get a clean picture of the local mineral distribution. Nothing to panic but mark my word:

Chasing this stuff in blind step-outs is suicide! This is the fun time where complex pictures will be developed and the whole play depends on the smarts of the folk spotting the holes. They better have the best technical staff 'cause we are going to need it.

This is not what I hoped for but it is only slightly less than I expected. All people jumping ship are doing so out of ignorance and nothing else. I can't help but think the market has already discounted the share prices on fear for this type of hit.

Let the games begin!

1King
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