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


To: Graystone who wrote (2315)12/13/1997 2:28:00 PM
From: Graystone  Read Replies (2) | Respond to of 11676
 
1.1% Ni over Fifteen Meters.
or
How Bad Can it Get.
I think the reaction of the market to this news demonstrates how powerful the Internet is becoming and will become. The first and most obvious thing is the merit of this play continues to increase. I am a long time NAI shareholder and have been amply rewarded for my patience with the Donner JV. Recent events have served to demonstrate the potential damage that can be caused to small investors. Donner and NAI are only up slightly from the last Friday pre run halt. The leaking of the "fact" of massive sulphide mineralisation and the hype created over it, was likely the sole reason for the market response to these assay results.

Teck/Donner are responsible for that. The consequent coverage of the Financial Post of comments made by Mr Metals and Jimsy helped the play considerably. The meteoric rise on Monday was caused entirely by the LACK OF PROFESSIONALISM on the part of Teck/Donner and proved to very damaging at a time of the year when most of us couldn't afford it. A sincere effort to determine the cause of this LACK OF PROFESSIONALISM should be undertaken.

The first assays carried out on the first two intervals 67 75 were released in concert with the intervals themselves. This time the activity was very similar to what happened on WTC. Teck's involvement in that play might bespeak a condition which could be very difficult to cure. Teck/Donner should undertake investigations, they are the companies which have the most to lose, the confidence of small investors. If we feel that the companies with our trust are making information privy to other parties to create profit for themselves, then they don't deserve our trust.

If you read this thread then you probably noticed these assay results have increased the interest shown in this play by those who are keen on geology (Terry Crebs, Feline, Walt) as the news release was MIDDLIN to GOOD. If drilling stops then these shares might get cheaper.

Donner may not fly this Christmas, but the play has greater merit after these results than before.

A final note of advice, this is entirely my opinion.
Don't sell your Donner to buy KRT. heheheh. Sorry JJ couldn't resist, that post had to be the most backwards piece of logic I have encountered in awhile.