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Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?

To: Supervalue who wrote (11141)	6/26/2001 9:33:11 PM
From: Supervalue	Read Replies (1) \| Respond to of 11676

Donner discussion of merit in thread called Winter in the great white north FORUM= Market Trends and Strategies

To: Supervalue who wrote (11141)	6/27/2001 9:45:29 PM
From: main_vein	Respond to of 11676

considering the source, ... thanks for the compliment <ggg>. Re: "the new technology", ... forget it, ... it will only ever work good when the Ni is in oxide form in laterite deposits. VBN is sulphide. Sure it's possible in the lab and maybe even at pilot scale, but it has to work at full scale and, MOST importantly, IT HAS TO BE ECONOMIC to process! The hydromet process is a long way off from that being possible with sulphide ores. What do you think would have happened if another international major with a smelter on tidewater had acquired VBN? Once the con was loaded onto the ship, there would be very little extra cost in shipping it to Finland or Europe rather than to Argentia Bay, Nfld. Do think that kind of a company would ever have given a moments thought to building a smelter at Argentia? Not a chance! Could the Nfld Gov't have legally stopped the issuance of a mining permit in that case? I strongly doubt it! So why are they so hung up on that issue now with Inco? Let the deposit's owner ship the con wherever the heck they want! There will still be plenty of jobs and royalties left in Nfld. for a long time to come. Even communist China has adopted more progressive mining policies than those being presently demonstrated by Nfld. Gov't. through it's unreasonable position on VBN.