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

To: Mr Metals who wrote (2324)	12/13/1997 4:37:00 PM
From: Jimsy	Respond to of 11676

Mr Metals & all - the obvious question here is should the VSE surveillance have allowed the Donner press release to go out as "15 meters of massive sulphides", when all they had to ask Donner officials is the simple question...... Is it likely to grade anywhere near the previuos news release of 1.1 meter of massive sulphides that graded 22% metal? To any trained geologist, the answer to that question would have most likely have been an emphatic NO. Therefore, there were other adjectives or additional qualifications that could have been and should have been added to the Monday press release that would have avoided most likely the tremendous run on the stocks last week. An assay of 2% metal is an idication of ponding of sulphides since there must be some width and length to an intercept of this size and consistency. Perhaps there will be some last minute stepout holes drilled here by the last crew before the end of the year. I think in this case it is quite clear that the VSEmay not have exercised proper surveillance in light of the context of the situation! And the VSE index trended below 600 on Friday, is it any wonder?

To: Mr Metals who wrote (2324)	12/13/1997 4:53:00 PM
From: c.r. earle	Read Replies (2) \| Respond to of 11676

To all, These exchanges always have someone else to blame, never themselves. It is a shame that the excuse of the hapless private investor that does not know the risks in speculative stocks is used here. That is really anwering the question that needs to be ask Ms. Huxham. If anyone has ever called and spoken to the VSE survellance department they will know what I am talking about. When I have called and asked pointed questions (politely) I have usually received non-descript answers and sometimes very curt responses from Ms. Huxham. Isn't is interesting that the VSE, in other circumstances have halted stocks for months, VAN, KRT, (I can list others)(admittedly the circumstances were different, but the point is the same)to sort out what they felt to be irregular reporting, but found it difficult to halt DML for the duration until they had out the actuall assays, not just visuals. That has been a question of mine since the initial news was released. I really find it difficult to comprehend the rationale behind the VSE' actions. Would it have been that difficult to halt the stock for 2 or 3 days. And you would have thought that they would have learned their lessons from CWA. It reflects poorly on all these exchanges involved that allow companies to release visuals without actual assays. I hope the powers that be are reading this, you could learn something. Just some food for thought! Regards