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


To: Ed Pakstas who wrote (1341)12/5/1997 11:53:00 AM
From: Flea  Read Replies (1) | Respond to of 11676
 
Short History for DML

Report Date Volume Change
1997-11-20 174,539 174,539
1997-12-04 154,000 -20,539



To: Ed Pakstas who wrote (1341)12/5/1997 1:57:00 PM
From: Jimsy  Respond to of 11676
 
Ed - el Nino weather here in TO. Maybe dey get dis at da Harp and drill all winter da pots & pans cores.

Little bit of in-flight refuelling in da goldilox stox, reckon I got one engine still workin and de udder one sputterin.

We was tryin to unfathom da goldilox mysteries at out Tradestaion users group yap session last night.

Di sbe da surmizin-

Da central Bankers loaned out da gold for 1-2%, da loaners sold da gold to buy mine assets, or udders sold it into jewellry ( you might be wearin it). Now da miners sold forward some der production. Now da price da brick in da doghouse, so da miners shutdown and sum what been lent da gold, sum dose gold loans kaput, and da central bankers out der bricks.

Panic what to do. Publish da bad news stries so da brick goes lower, all da fund managers panic too and sell da brick, now on da sneak sum da central banks buyin back da gold dey lent out whats dey not likely to get repaid.

Talk about bad loans made by sum dose Asian banks, well dose Central Bankers not much better. So dis may in da end be a case of everyone bailin out everyone.

So all dis yap bout da brick goin to $220 just to shake out da yellow stuff so dose dat wants it gets it cheaplike, den when dis phase over, whooosh up go da price.

Now if der be sum pots and pans assays outa da Harp, dey likely planning better days to tell usins, and dat not likely to be while dey got da fund managers all panicked up to be dumpin da brick.