Donner Minerals (DML.V) Message Board

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

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To: Terence Mitchell who wrote (9348)	11/17/1998 9:05:00 PM
From: John Fairchild	Read Replies (2) of 11676

Terence, an interesting post but what makes DML any different then the typical reporting you get from almost any other junior. A couple of my last buys where I thought I was getting in at the bottom of the chart. EMG - had some luck with this one but - Lies - I heard the Pres say in a conference call that they needed cash from a PP to pay for assay results. "The cash will be in our hands by the end of the week". That was over a month ago. They have since received the cash over a week ago but guess what no assay results. When talking to IR the response was 'well he had to say that!" I made cash on that one strictly because I gambled on where the bottom was but not on the news I was waiting for. SUR - Drilling their best prospect. Investors have been waiting two years for the property to be drilled. They announced the start of drilling with a promise to issue assay results the minute they had them from the first hole. Even stated the week (~ 3 weeks from the start of drilling as I recall). Guess what. Two and half months latter they issue an update but no assays. We are all big boys and girls and if we invest money then we take responsibility for our actions. It is a crap shoot. To my knowledge DML has not lied. Many do and get away with it. They lie to keep you on board and to buy time until they come up with the goods or are able to unload their cheap paper. DML appears to be putting in a great efforts to find an ore body. They are not doing all this work for nothing. The big boys know this is a volatile stock with the big potential. The little guys know the potential and as such the stock can be moved into frenzied trading levels like very few other plays. I bought in after the last bit of frenzied activity guessing that where their is smoke their is fire. I didn't buy at the top and managed to average down since. I look at the trading activities of Union. They seem to be on the inside of this play and probably are as close to the news as any. They continue to buy and have been buying every day since the start of the month. My guess right now is they are the smart money and would not be throwing good money after bad (the PP). But what the 'ell do I know, not having followed as closely over the years like many of you people. I will take my losses with a smile but I am betting on the some frenzied trading to occur before the season is over. Whether it be a hit or rumors of a hit that cause it. John

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