Donner Minerals (DML.V) Message Board

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

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To: Mr. Oil who wrote (9578)	11/22/1998 4:38:00 PM
From: Ed Pakstas	Read Replies (1) of 11676

Ray...At this point in time I don't think it matters anymore as to whether the Insiders' made money or not... Looking at the Insider reports I see very little buying or selling by the Insiders of shares in the open market... I see them more as granting themselves options and then selling them in the open market or crossing them out in larger blocks... In order to calculate what their losses or gains are, one would have to compare the Insider reports to the day's trading activity... Guesstimate as to which house did the trade and work the numbers in sequential fashion... This will take a helluva long time... What is of interest to me right now is the fact that DS has accumulated over 450,000 shares over the past 7 weeks or so... I'm wondering how come...Union was also the net seller of over 800K last month and now within the last 3 weeks, they are net buyers of 550K at a little bit higher average cost than the month before... Makes me wonder, why the sudden change of mind???... We are talking a million shares of what appears to be accumulation between 2 houses... Again I'm asking myself how come, if this play is a dud???... I realize Greenline is mostly retail buyers, but I know that quite a few Insiders' will use Greenline to mask their trades... We are talking almost another 1mm on the positive side by them... How come, if this play is dead???... Are we looking at cost averaging here, tax loss selling and account shuffling or is there something going on that we don't know about???... Lottsa questions, not enough answers yet...I think I'll keep on watching what the Houses do... ...ed

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