Donner Minerals (DML.V) Message Board

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

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To: Clark Kent who wrote (6133)	7/19/1998 4:10:00 PM
From: The Fix	Read Replies (1) of 11676

This is what this weekends edition of perspectives had to say about Donner...... Donner Resources (DML) donner-resources.com The rumor mill was working overtime this past week on Donner and the other SVB players. Comments made by Donner at their AGM had the market expecting some news this week. However, a number of Donner's partners had to be consulted, so the news that was expected for Thursday did not come out till after the close on Friday. We are surprised they put out the news on a summer Friday, as it is less likely to be noticed (although the strategy speaks volumes for their expectations on the impact the news would have on the market). According to the news, about 35% of the drilling has been completed, and they summarize the exploration program to date. In short, nothing to get too excited about but enough to maintain speculative expectations as we go through the summer. We expect that these stock will trade sideways in the weeks to come, although we could see some short term volatility as a lot of people bought the stock in anticipation of news. Typically, they sell when the news comes out. Look for the stock to pull back to $0.80 - $0.85 early next week, but then bounce and trend sideways around $0.90. Last year, these guys all started to move in August, we expect that the timing will be the same this year provided they can pull a good hole. 50/100. fIXER

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