Donner Minerals (DML.V) Message Board

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

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To: John Paquet who wrote (4926)	6/2/1998 12:06:00 PM
From: Kent C.	Read Replies (1) of 11676

Exerpt from: Dennis Birch's Resource Stock Digest May Issue Harp Lake Labrador (South Voisey Bay) Area Play Nickel, Copper & Cobalt Donner Minerals Ltd. (800-909-8311) DML.V donner-resources.com Gallery Resources Ltd. (800-565-7350) GYR.Alberta gallery-gold.com After remaining strong and probably at overvalued price levels over the last five months, Donner and all of the inner-connected stocks fell sharply just days after Donner announced the 1998 drill season had started. Apparently rumors got started that they didn't hit and the stocks all started sinking. Donner stock was halted and an unplanned news release the next day confirmed they didn't hit a "discovery" hole on either of the two partially drilled holes. Thats right, Donner and the other companies all lost a third or more in value in just a couple of days due to better expectations on the first two holes? Some 370 meters of the 22,500 meters planned for the season caused this reaction. It looks as though the volatility is going to be critical this season and should allow any of you traders to have a great time. Personally, I'm sitting tight and will wait for drill results as they come out over the next several months. While Gallery Resources' price got whacked a little, it is not directly tied to the results of Donner and recovered more quickly. Gallery should have begun work on the ground at their two sites and have news of their work programs issued by the time you receive this. Be sure and call them for an update as I think we will see a drill program start at the Harp Lake project within the next 30 days. Both are buys at these levels before drilling heats up the stock prices once again.

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