Donner Minerals (DML.V) Message Board

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

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To: Buckey who wrote (6582)	8/7/1998 11:02:00 AM
From: VAUGHN	Read Replies (1) of 11676

Hello John There will only be a Phase II if they hit deep intersections of massive sulphides. If or should I say when they do, believe me, there will be no problem finding backers. There will be a line up for the only BandWagon in town. Right now though the market simply does not want to listen, and unless the PM of Japan gets off his proverbial a..s that economy will slide out of recession and into depression very easily. Industrial commodity prices will only start to recover, hence the Canadian resource markets, when there are signals that the Japanese economy will start to turn around. A tax cut there would send such a signal to the market but I suspect at this point, more will be required. More time, more money and more growth. I don't think all that is going to happen by September and US industrial inflation is not showing any signs of roaring so could be quiet resource markets this fall and through mid winter. I do not agree with Elizabeth with regards to AU. There simply are not enough signs of inflation, central bank selling is still going on and India's consumption is temporarily restrained. Regards

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