Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Eashoa' M'sheekha who wrote (1470)	12/6/1997 6:14:00 PM
From: Supervalue	Read Replies (1) \| Respond to of 11676

Would it not say if the exchange had made the halt, seems good things may be in the future as Mr. Keats would have set the rigs drill target to the best.

To: Eashoa' M'sheekha who wrote (1470)	12/6/1997 8:48:00 PM
From: Surething	Read Replies (1) \| Respond to of 11676

Hi Taurus, I checked the VSE database for Friday December 5/97 and there is no record of them issuing a Halt on Donner. When I saw the original halt flash before my eyes it read "trading in the shares of Donner have been halted at the request of the company pending news." A "pending news" halt is always issued by the company. In my opinion the VSE will have called Donner when things started to heat up and asked them what is going on. At that point the company usually halts its own shares or the VSE does it for them. A VSE generated halt would read something like this: "Trading in the Shares of Donner have been halted pending clarification of market activity." Hope this clears this issue up. I believe that Donner was forced into halting their shares by the VSE and was probably unprepared for the afternoon action. The fact that Donner didn't issue a news release after the market closed on Friday suggests to me they were not really ready to release one in the first place. Still I'm keeping my fingers crossed!!! Best Wishes Surething