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


To: Zardoz who wrote (1782)12/9/1997 10:25:00 AM
From: Flea  Respond to of 11676
 
Globe says joint announcement boosts shares

Donner Minerals Ltd
DML
Shares issued 24279502
1997-12-08 close $2.5
Tuesday Dec 9 1997
Also Golden Rule Resources Ltd (GNU)
Also Northern Abitibi Mining Corp (NAI)
The Globe and Mail reports in its Tuesday, December 9, edition that shares of Donner Minerals and
Northern Abitibi Mining shot up yesterday on a joint announcement from Donner, Northern Abitibi and
its parent company, Golden Rule Resources, that Donner and Northern Abitibi hit a massive sulphide
mineralization at drillhole 97-96 at its South Voisey's Bay project. The Globe's Market movers column
reports that assay results for the hole haven't been released. Golden Rule owns 32.1 per cent of
Northern Abitibi. Golden Rule's shares were halted yesterday and did not resume trading. The
Donner-Northern Abitibi joint venture forms part of the South Voisey's Bay project, about 90 kilometres
south of Inco's Voisey's Bay deposit. Previous drilling in the southern part of the joint venture found
mineralization that closely resembles mineralization at Inco's Voisey's Bay deposit.



To: Zardoz who wrote (1782)12/9/1997 11:05:00 AM
From: Jimsy  Read Replies (1) | Respond to of 11676
 
Hutch & all - I can expand the time scales on Tradestation intra-day chart of both Donner and NAI and releate the turn up to what was being posted, and there is absolutely no indication that the conversation on this chat group gave any hype of forwarning of the spike on Friday.

If anyone is looking for leaks, try the satellite phone system from the drillers to their friends and relatives, and rumours spread from there.

Unfortunately for us Cyberites noone was kind enough to post to this chat group from their satellite connected computer at Harp Lake as they saw the cores come up, else a few more of us could have got in on the start of the run on Friday.

If da cops is lookin in here for no good, deys lookin in da wrong place.

Da goldilox stox not in good mood today, spillover into everything. Da New Yorkers took da spot down to $283 buxs right outa da gate so as to protect the threat to any flight to safety outa da broader market, trend and protection like this of da broader market will continue till at least end of da tax losses selling. After dat who knows what will happen, maybe a day of reckoning and der gold brick price soars.