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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: jpthoma1 who wrote (23322)	10/31/2003 1:12:28 PM
From: TrueScouse	Read Replies (1) \| Respond to of 39344

JP: <<Are you sure that Donner still hold 30% of KNP following KNP last financing?>> Just called the company. They own 16 million shares of KNP = $12.8 million value. Also have $2 million in the bank. So it's currently trading at a discount to these values. Apparently there was a news release last night with some disappointing results from the South Voisey Bay drilling (JV'd with Falconbridge). So basically the market is now valuing DML's SVB property and its other prospects at zero. Me? With 140 drillholes in SVB it must be worth something! And I still see DML as a good exploration play in nickel. So I've averaged down and am holding for now. Thanks for the info. Best, Howy