SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?


To: Ed Pakstas who wrote (1019)11/14/1997 8:32:00 PM
From: Buckey  Read Replies (2) | Respond to of 11676
 
ED, Is the wound too deep to stop the bleeding?

I cannot follow the markets and the trading patterns as I should in order to be knowledgable so I ask you. IYHO, how much worse can it get? not just DML but the others as well. It seems that the plague has it SVB and anyone near has contracted this deadly virus.

I have another question? Who the heck has been dumping these millions of dollars into the millions of shares that are trading in the play? Is it people buying on the way down thinking the bottom is near, shorters covering, or the same group buying and selling all the way down?

Unfortunately I now in the red on some of these while I recovered my initial position in some and am plying with the "free" or profit stocks left. I am torn between averaging down on the ones I am behind on and just holding tight through the long cold winter (I'll use the share certificates for heat) and averaging down.

Do you have an extra two cents to spare on this one? you comments also on this supposed assay of CYP at the lab???????



To: Ed Pakstas who wrote (1019)11/14/1997 11:24:00 PM
From: Winer  Respond to of 11676
 
Ed: Thanks for the reply. I think P. Grandich may have been following Donner since before I started receiving the newsletter, but when I read about it (thus) it was in the 1.00 - 1.20 range. The chart was fairly steady in that range all the way along for many months until the recent runup.

Also interesting that a number of mining issues that did not seem to be much affected by Bre-X have moved back to their support levels of last November (QTR, PFG, TNKR). I realize there are many factors at play here but but looking specifically at QTR the only real difference between then and now is the POG. If QTR was worth a little less than 1.00 a year ago and demonstrated admirable resiliency post Bre-X at over 2.00, then I find it interesting that when gold was 385.00 QTR was worth only what it is valued at today. QTR fans may argue the point, but I don't think that much has changed for the company between then and now, they have drilled some holes and benefitted from closeology, but they are still simply an exploration company with possibilities. In speculative situations like this the numbers don't add up. Or maybe the numbers did'nt add up as well a year ago as they do now!