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

To: main_vein who wrote (11205)	9/8/2001 2:42:08 PM
From: kidl	Read Replies (2) \| Respond to of 11676

Main_vein, I followed our suggestion to re-read the NR and when I looked at the numbers, something tweaked my interest. Total exploration expenditures for the SVBN claims are $23,000,000 for 549.5 km2. Two claims are segregated: 39.5 km2 Donner / Northern Abitibi with a $5,000,000 budget 35.5 km2 Donner / Major General with a $4,000,000 budget This leaves a budget of $14,000,000 for 474.5 km2 or $29.50 / km2. The $5,000,000 for Donner/NA work out to $126.58 / km2 while the $4,000,000 for Donner/MG amount to $112.68 / km2 This now raises the question whether these 2 properties are considered "better" or were the owners simply able to cut a better deal by holding back and not joining the SVBN group? Any thoughts?