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Gold/Mining/Energy : DUMONT NICKEL (DNI-M) -- Ignore unavailable to you. Want to Upgrade?


To: Barry Cox who wrote (159)6/26/1999 1:32:00 PM
From: Brumell  Respond to of 236
 
Hi Barry,

Re: Stockhouse Bullboards - anyone can post there free. All you need do is register and away you go. There's no cost.

Regarding DNI and their Raglan properties, the change in planning came about with the entry of Hunter Dickinson Group. The financing you referred to in the Jan. 7th announcement would have provided for a modest test. The entry of HDG in a limited partnership for exploration of the Raglan property (it doesn't involve DNI's other properties) gives them the resources to more thoroughly test the property without breaking the company. It's a practical move, Barry, and makes sense. Unfortunately, there apparently are others who can't raise a dime and would love a similar arrangement who now are throwing a lot of sand in the air.

After reading sedar records, take a look at DNI's website and specifically their Raglan property. It's well laid out and coupled with sedar info, the picture emerges.

FWIW I think it's best not to be diverted by all the background noise. The big question is "what are the chances of a drill finding ore." Obviously neither I nor anyone else knows. The next question is "what's the risk vs. the reward." That's the question that really makes a market. At the current price, there are a few like me who think the risk vs. reward is acceptable. However, if the stock was hyped to say $2.00 or more at this pre-drill stage, think I'd be gone.

In the end it's a judgement call, Barry. Problem with much of the internet noise is it tends to cloud judgement.

Bob



To: Barry Cox who wrote (159)6/26/1999 3:58:00 PM
From: Brumell  Read Replies (1) | Respond to of 236
 
Just another quick note, Barry. Read the posts you referred to re: CZZ and DNI. Beats me what the fuss is about. However, it's obvious someone is trying scare tactics and perhaps partially succeeding.

By a fluke I happen to know one of the participants who calls himself jpthoma1. If he feels the situation is well in hand, I 'd pay close attention. Think you'll find he knows more about the business and the geology of Labrador/Ungava area than probably 99% of posters on any of these threads. Don't know Mr. Specking who is casting doubt on DNI's title. However, checked his posts on other situations and formed an unfavourable opinion. Suggest you do the same and see what you think.

I could rattle on for pages, Barry, but why waste time. If not a Specking, someone else will come along and throw sand. Sometimes when they succeed, buying opportunities are created. It's a question of personal judgement. Good luck with whatever you decide.

Bob