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Gold/Mining/Energy : Donner Minerals (DML.V)
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To: 1king who wrote (6106)7/18/1998 5:45:00 PM
From: mineman  Read Replies (3) of 11676
 
Donner's high-grade hole 97-96 intersected 1 meter which graded 10% nickel and 10% copper on it's 50% owned Northern Abitibi ground. The gross metal value is only $350 (U.S.)/ton.

For comparison, on some 100% owned Mexican property Bell Coast Capital had an extremely high-grade intersection in it's first drill hole into a silica fault zone that assayed 9.5 ounce/t gold and 86 ounce/t silver over 3 METERS (10 FEET).

The Gross metal value = $3,200 (U.S.) per ton (or 9 times Donner's values), so that the ore could be mined over 3 meter widths and then shipped directly to a smelter which would pay for almost 100% of the metal value.

Donner is drilling deep holes into blind geophysical anomalies, whereas Bell Coast is drilling closely spaced holes into a drill proven high-grade structure.

Donner is $1.00 and Bell Coast is $.45 ...... Go figure ....
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