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


To: the Chief who wrote (761)10/30/1997 6:31:00 PM
From: VAUGHN  Read Replies (1) | Respond to of 11676
 
Thanks Chief

I appreciate, you and many, look at a news release from a traders perspective. I suppose what I was trying to say was that I look at it from an investors perspective.

I don't mean to imply that you are not an investor, just one who is more interested in market potential than geological potential?

I have been in DRZ for a couple of years and ridden the development ups and downs. I suppose a trader would view that as a mugs game and you shouldn't get married to a stock. A trader might have been in and out of several hundred plays over the same time frame but I have never been able to nail the market timing game without missing out on some significant moves.

It comes down I think to a fundamentally different way of appraoching the market and investing.

Viva la diferance!

Regards



To: the Chief who wrote (761)10/30/1997 6:39:00 PM
From: RMF  Respond to of 11676
 
It took about two minutes to figure that release was going to hurt us. There was an expectation premium built into the SVB stocks and that release didn't meet it.
What's nice about this "play" is that it isn't the typical VSE promotion. Teck has stuck their neck out on this one and I don't think they're risking they're corporate credibilty to make a couple million on DRZ warrants.
This is a REAL exploration being run by very serious people and we makes our bets and we takes our chances.
Except for Ed of course, he's wired.
MICAP