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Gold/Mining/Energy : Gallery Resources (Alberta GYR) -- Ignore unavailable to you. Want to Upgrade?

To: Kent C. who wrote (1138)	12/8/1997 2:34:00 PM
From: Larry Rossi	Read Replies (1) \| Respond to of 1829

Kent, The following may explain the interest in GYR. Obtained from the "per Spec tives" newsletter. GYR Gallery Resources gallery-gold.com GYR made an ugly slide lower this week on news that they were being sued over some mineral claims which they had optioned as well as the conclusion of their drilling program for the year at Harp Lake. Too much ice to make the program work. So, shareholders will have to wait for next year. GYR should be quiet for some time, although they will likely benefit if activity on the Donner play is positive. ................................... Here's the write up on the Donner play ....................................... DML Donner Minerals Ltd donner-resources.com Last week, we stated we though DML would end the bungee jump at about a dollar. The stock paused there on Tuesday but then hit a low of $0.75 on Wednesday before bouncing back Thursday. Friday, at 3:00 Eastern time, rumors hit the street that DML and partner NAI had pulled a good drill core and action heat up instantly. Both stocks were halted pending news. News expected some time next week, but DML will be halted until it comes. At this point, anything could happen, but the rumor is that they have hit 15 to 25 meters of massive sulphides grading 4% nickel. That would be good, but only time will tell. ................................................................ Best Larry