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

To: Don craig who wrote (1214)	11/29/1997 2:52:00 AM
From: Zardoz	Respond to of 11676

The market capitalization of NAI was lower than DML which shares it's 50% with Teck. So some people may of hedged over to NAI.

To: Don craig who wrote (1214)	11/29/1997 10:18:00 AM
From: wayne cath	Respond to of 11676

Don...my take on that is, nai in the event of a strike on nai property, will actually have a larger share than dml(teck's chunk of dml is greater than golden rules' piece of nai) . I understand, however, that donner certainly has more irons in the fire but it appears to me as though most of the action in the near term will be on nai turf. It then comes down to a shares outstanding comparison as to which is the better value. I have no problem with nai achieving a higher share price than dml:):):) Perhaps with dml's lager market cap there is slightly more tax loss pressure also. regards