Donner Minerals (DML.V) Message Board

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

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To: Ron Waller who wrote (4701)	5/22/1998 2:32:00 PM
From: VAUGHN	Read Replies (2) of 11676

Hello Ron *OFF TOPIC* Victoria Island is off Craton and is therefore a very unlikely place to find an economic kimberlite. The existing kimberlites up there which have been extensively documented by the GSC and DIAND are not even remotely economic and have terrible chemistry. The Chief Geologist for Trivalence (Pell) did the early work on them and has several papers to her credit. If you don't want to take my word for it, check with her. I personally would not buy MGJ with an eye towards VI making any likely contribution to its market value. Kaiser continues to demonstrate little basic understanding of diamond exploration geology and appears to be hanging his hat on the fact that DeBeers is active up there. Well DeBeers is active in Finland, Greenland, Brazil, Ontario and Alberta too and how many economic pipes have been found there so far? Rather you might consider it more likely that JK likes MGJ because he has some and he's pumping it, and doesn't own or is shorting DML, because that was Grandich's call. He's self admittedly had a bad year and I think its getting to him. Just an opinion. Regards

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