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


To: Jimsy who wrote (566)10/26/1997 8:13:00 PM
From: VAUGHN  Read Replies (1) | Respond to of 11676
 
Hello Jim

That is the most progress I have heard on this play. Thank you.

Based on what you say, it would seem that we are well overdue for further field/drilling results.

It is probably premature to form any opinions, but based on the lack of news and long gaps between NRs, it would seem that Teck/DRZ have adopted the SUF policy of only announcing "material" results. If true, it is frustrating, but one also gains a sense of confidence about management when this policy is backed up both by results and a lack of hype. Something (hyping) that I don't think anyone could reasonably accuse DRZ of doing. Unfortunatly, shorters love that policy too.

I still can not help but wonder about those platinum paladium assays however. Maybe there was nothing "material" and that is why we have not heard, but with nickel concentrations of 11.%+ one can not help wondering if we don't have .75% platinum and paladium++?

I also have to wonder about continuity. If all the drilling has gone on that you believe, with an intersection like that, I would have to think that they have attempted to do at least some delineation drilling. If they could get a km or more of strike and depth out of that vein, at the same or better intervals, it would be a viable ore body in its own right. What would a tonne of that ore be worth, $160? Higher? What is platinum at, $580/oz?

Well, I am going to have to call it a night. Lets hope tomorrow brings us some more joy. I liked that post earlier about DFR moving to $80 over two months, spliting 4 for 1, and appreciating again to $44. That will work for me.

Regards



To: Jimsy who wrote (566)10/26/1997 9:01:00 PM
From: VAUGHN  Read Replies (1) | Respond to of 11676
 
Hello Jim

Just one other thought before I call it a night.

I finally pulled that combined gravity/claim map off the MGJ site. It shows the gravity high DRZ/Teck interpret in their NR as a possible depression, where massive sulfides may have pooled.

That gravity high moves northeast from 100% DRZ ground, across Thistle Creek/DRZ claims and nibbles on the NAI/DRZ claims.

The three NAI drill holes would appear to be quite a bit northeast of the end of the very high reading. Based on this map, it would appear that the Thistle Creek claims are smack on top of the majority of that high, and MGJ is not in this particular picture.

I am not a geologist and therefore, I would presume there is a hell of a lot more involved, than simply using this gravity high map as a basis for making drilling (and investment) decisions. I would be very interested however, in seeing those maxmin and EM surveys published in a similar fashion.

Hello DRZ. (David) Are you monitoring this thread?

Regards