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

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To: 1king who wrote (6117)7/19/1998 12:43:00 AM
From: Andrew Bailey  Read Replies (1) of 11676
 
Donner expected a big hit quickly - it did not happen right away ... then the drilling goes really slowly ( only 30% done 1st phase 2 months in to the program ) ....

I have seen the drill maps that are out there showing all holes drilled in 1996 - most of these holes by Donner / LAB and PLM were drilled in very close vicinity to the Pallaum / Labrador property ... these are the holes that attracted Teck and other people to the area ... Donner and partners have not drilled near this property ( Adlatok River 2 property ) yet ... over the winter Donner takes over their JV partner Globenet ... then after 2 months their is a group taking over LAB ( wonder who ) ... July 23rd is the AGM for LAB ... if there is a group taking over LAB we may see allot of the work focus in this central area .. watch PLM too

Andrew

IMO opinion these results show how the program is going - they have drilled very few new holes ... It is far from over
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