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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: UPTICK who wrote (30380)	1/20/2007 2:52:43 PM
From: koan	Respond to of 78418

Yes, that is a good find uptick. That outfit has been looking in all the right places for years. They have/had a lot of property close to voisey bay as I remember.

To: UPTICK who wrote (30380)	1/20/2007 3:07:59 PM
From: koan	Read Replies (1) \| Respond to of 78418

DON: UPTICK, did that NR come out after the close yesterday? Looks very good. I usually like ot see the market reaction to drill holes first, but as you say only 9 million shares out.

To: UPTICK who wrote (30380)	1/20/2007 4:57:08 PM
From: hank2010	Read Replies (1) \| Respond to of 78418

thanks for the heads-up on DON, Uptick. Note that financials (Y/E Feb/2006)say 9.666 million shares out, but PP done for 27.6 mil shares and 19.8 mil warrants in Oct. with hold until Jan. 30. Still less than 10 mil tradeable on Mon. am. (Falco holds 1,000,000 but that may be in addition to the 9.66) These holes are in the BRC area which is limited. 120m downdip, cut off to the west and geophysics imply cut-off to the east. I guesstimate 120m deep by 100m long by avg 10m thick at SG of 3 would give 144,000 cu.m = 432,000 tonnes @ say avg. of 10%Zn and 2%Cu (with silver and gold still to come). $440 per ton at $1.50 Zn and $2.50 copper = gross of $190 million. Xstrata has 50% and can earn another 15%. Xstrata has assets in the area (concentrators) so small deposits could still be lucrative. They are also drilling other geophysical targets in the area that were contributed by Xstrata. Is this the same management as the original Donner Minerals?