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


To: Douglas who wrote (758)10/30/1997 3:53:00 PM
From: VAUGHN  Read Replies (2) | Respond to of 11676
 
To All

I don't believe it is so much bad news, as no news.

On the other hand, if you go back over the vast majority of posts in the last two months, the repeated theme is lack of information on which to base decisions.

Well folks, there is no more reason to cry and speculate.

We now have more information than I have ever had the pleasure of seeing from any miner, and I for one appreciate it. I hate the short curt news releases with no background and no explaination. You are always left at the complete mercy of management which usually does not have shareholders interests in mind.

I would much rather get this, than be waiting for three weeks for a material news announcement, that either says Yahoo, or pulls the rug out from under my feet.

So now we have information that will allow the nervous to leave quietly while allowing the faithful, geologically inclined, gamblers and insiders to follow the play.

Sure I would like to have been told they hit 150m of 11% nickel but they can't manufacture those intersections.

They are looking, they have told us where they are looking and why they are looking there. What more can you ask for?

Teck's VP said it in Toronto, this is the best play he has seen in 20 years but it may take weeks to years to truly establish its potential.

So we are being kept apprised of progress. I for one appreciate that much more than living day after day in a vacume.

Come on people, you are being treated like adults and appreciated sharholders.

Show a little in return.

Regards



To: Douglas who wrote (758)10/30/1997 5:00:00 PM
From: the Chief  Respond to of 11676
 
I have a fixed number of shares that I buy and hold. I then buy and sell another group of shares. ie. I like donner for a longterm. I buy xxxx shares. I then look for buying opportunities with the intention of averaging down. If the stock becomes "emotional" and starts gyrating(correction, ambiquous news,"no news type release,6-8 page releases etc.) then I sell the "averaging down" shares and try again to get in at a lower price, over and over. Ultimately the plan is to have retained the original shares purchased but have $0.00 involved. I am "trying" to do this with CRN and DRZ. The correction worked very well and was an unforseen gift. If I had been as accurate as Ed was with his prediction I could have done much better, watch Ed he's got it wired. I am still long on the stock.

Actually the only "positive" drill hole for "public consumption" is the one that equates to $$$$$ values, which they published (.69 meters nickle etc). All the other holes are like a clue on how the surrounding geology is/was developed and would likely be meaningless to most.Its like trying to solve a murder mystery with everyone in the room having a financial interest in the Killer as opposed to the corpse. The dead guy on the floor is ignored, everybody wants you to find the killer "right now" so they can get paid.

didn't mean to mislead

the Chief