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

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To: Buckey who wrote (4946)6/2/1998 1:35:00 PM
From: 1king  Read Replies (1) of 11676
 
EDIT--------mental note: learn to type faster!

John,

To be quite honest I think we still are looking down. Obviously there have not been any major physical developments but to be quite honest I believe these companies are being artificially discounted. They are coming close to, or surpassing the value that these properties might command in a real valuation.

Again, I do not think this is the end of the play and those that do should reserve comments for SH, but it may be a substantial low. There is lots of time and we have got a good 5-6 months of exploration in this stage alone.

An interesting factor is developing along the lines I suggested months ago. The market appears to be sensing that the geo-power if you will is changing. It no longer appears that the "orebody" must be on NAI ground. We are open again and it could be almost anywhere in the area. The market is slow to conceptualize but its got all the money so we have to wait anyway. I put my money ahead of the game last month!

1King
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