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


To: Zardoz who wrote (2269)12/12/1997 3:05:00 PM
From: Supervalue  Respond to of 11676
 
Not a mine but a very decent step the right way 2 + % goods on average over 50 feet, next drilling permits are for when and deep or ?
Cartaway's IR is precise now on their drill result news for South
Voisey claim BR-E which has three DEEP holes from South WEST of Northern Gabbro area !!! this should help the evaluation the words from IR are TODAY or Monday for News Release.



To: Zardoz who wrote (2269)12/12/1997 3:05:00 PM
From: Famularo  Read Replies (1) | Respond to of 11676
 
Guys, half of the trades we are seeing on DML are probably the same people. Short and Long. You can't tell for sure, but if anybody has access to inst traders, ask them on how they play with retail positions. They'll borrow and make $$. If retail client calls cause he wants to sell DML, they may have to buy it quickly depending on the volume transaction. I'll be real suprised if we don't see it move up and close far from todays low. Just my two cents worth. My other stock I follow is quiet for now, so I thought I come and cheer you guys up.



To: Zardoz who wrote (2269)12/12/1997 3:14:00 PM
From: Feline  Read Replies (1) | Respond to of 11676
 
You have to be a little careful with respect to cobalt assays. It is difficult to get an accurate assay. Also, the extraction of the metal usually is complex as it is notorious for poor recoveries. Getting 40% of the assay in metal is not uncommon. Also, the market for cobalt is very thin and you can't rely on the posted price. I'm using US$12 per pound but given the supply coming on in the next few years this may be too high. The Donner prospect will have to fly on its nickel content. The grades to date are very interesting and the latest hole is the most significant to date due to its apparent thickness. It definetly has my interest and the property requires a lot more work. Deeper drilling I think?