Donner Minerals (DML.V) Message Board

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

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To: The Osprey who wrote (8183)	11/1/1998 3:52:00 PM
From: Ed Pakstas	Read Replies (2) of 11676

Osprey...Anytime they want now... One would think they would begin to exercise them once the stock got over .75... Two ways of doing it... 1) Cut the cheque and hang on to the stock for expectant profits, or 2) Short the chit outta the stock against the exercise price of 0.75, once it surpasses the .75 mark... One other thing to keep in mind... That 1MM shares of .94 Insider Incentive options... FYI... They haven't been re-priced lower as of today. IMHO... There are 2 rumours affecting this play right now.. 1) The NAI has hit on sumptin' somewhere, therefore the explosion in price on the DML/NAI jv on Friday. 2) The LAB jv has received PEM results that blow all other's outta the water, which will affect the share values of its jv partners and the CYP/DML jv only because of the proximity of those PEM's. The anticipation factor of the ongoing drilling on the NAI, expectant drilling on the MGJ and the LAB, and circulating rumours on the whole play will determine the share values next week. Friday's trading had nothing to do with short covering...The SVB's have been sitting at the bottom of the toilet bowl for to long. If anybody was short, they would have covered a long time ago. What came out was a combination of tired stock, an opportunity for capital preservation, an opportunity for a day trade and a profit opportunity for those that bought below .30... But then again, what the 'ell do I know... ...ed

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