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

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To: 1king who wrote (6070)7/17/1998 9:55:00 PM
From: 1king  Read Replies (2) of 11676
 
If one thinks this is a good release... Take 10 mT of gabbro to the LME and see how much you get! We are exploring for Ni-bearing massive sulfides and there is squat in this release. I would like to say I'm surprised but I am not. I sold my remaining DML and NAI today at market when it became obvious they were waiting until close to release this stuff. CLASSLESS

1) Pervasive contaminated zone = rock with sniffs of sulphide and gneiss and stuff (all over Labrador)

2) Test to see which one EM method works = don't know what we are doing but if we do it over something obvious we can go from there. Sort of a large scale mental calibration.
NO ONE METHOD Works alone - use many together, dummies!

3) Method to discriminate between massive sulfides and disseminated halo. A) have to have massive first! B) that problem was overcome more that 2 years ago at Voisey. A small tool weighing around 5 pounds soaking wet with a thin thermal blanket on top solved the problem around 82% of the time (INCO calculations). It was referred to as the Geophysicist's Brain.

4) Feeders = any gabbro? ask them what it means. Shirley would be an equally accurate description.

5) Assays suck = assays suck. Ni/Cu ratios are all wrong but Co still tweaks my curiosity.

6) NOTE the 15m of massive was "moderately anomalous" but they have a better conductor 600m to the SE. This phrase will be repeated many times in the next month or so.

7) Hole 92 is odd! Where is the probe data. No mention of the probe data for this hole yet they drilled two more off it. What gives. More real info!

Basically PEM anomalies replace gravity anomalies as the buzz word for 1998. They did not understand the gravity and they understand the PEM even less. DO NOT FALL FOR BUZZ WORDS - the only ones that count are 5+% Ni/Cu combined over 10 or more metres.

1King

Price Targets 0.70 +/- 0.07
P.S. I was really hoping that they could at least fall/stumble/trip over some sulfides like they did last year. I need the money:-(
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