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


To: the Chief who wrote (2362)12/14/1997 1:05:00 PM
From: Sam  Respond to of 11676
 
JIM & EDD I increased my position last week on both DML 7 NAI on the run up. Onlly because of that misleading statement ''' MASSIVE""" . Even I would cosider that as big ,,4% or better which would give these guys a considerable price hike, instead of what we got..... I remember sometime back someone on this thread quoted Gallery as saying Donner was a shifty co. ,making shifty deals,, I guess we should have opened our eyes at that point ,and looked around , I really don't know if we can trust anything coming from this co now.. just my opinion,, thankyou ole SAM..



To: the Chief who wrote (2362)12/14/1997 1:09:00 PM
From: Jimsy  Respond to of 11676
 
The Chief - Donner I presume? Well sorta like this.

Been drillin all fall, got slivers of stuff, then 1.1meter of 22% metal, got everyone excited mid-Oct, then nothing until a rumour at 3pm week ago Friday.

Stock got halted at 3:30pm going straight up.
Rumours later that evening about 15 meters of massive sulphides.

Post prints story following Saturday (next day) about rumour leaks and investigation

This fuels the fire quite a bit more, so when the stock opens on the Monday late after the confirming news release of 15 meters of massive sulphides, eveyone bids it srock up like crazy assuming the 15 meters might grade fairly well given the previous release of 22% was also called massive sulphides.

Teck rushes core to X-ral, assay comes out late Friday last, 1.13% Ni, .78% Cu average over 15 meters, not quite your 22% metals,
so stock took a dive late Friday.

Post does another story on Saturday, yesterday, "Assay results send junior miners down the shaft".

Actually, in the context of the SVB hunt and since the deposits will likely be at some depth, this is significant progress as it likely means there is maagmatic ponding of metal rich sulphides, and perhaps better ponds to be found.

The market wants instant Voiseys Bay success and didn't get it this time - but think we can expect this program to go on all next year with lots of volatility.

In the context of the



To: the Chief who wrote (2362)12/14/1997 1:40:00 PM
From: Feline  Read Replies (3) | Respond to of 11676
 
The location, azimuth and dip of the all the holes has not been published so we are still flying in the dark. I don't believe that this is over as there's lot's of smoke here in the right rocks. More information can help sketch out some ideas on the possible geometry of the mineralized zones and how they may relate to each other. They may just be narrow vertical zones but the fact that there is significant magmatic sulphides over such a large area has to paid attention to. I'm not sure what the stock's are going to do. As winter sets in costs go off the scale so it may not be prudent to carry on until spring. More financing will be required and the evidence to date would lead me to believe that Teck will contribute. In reality there hasn't been that much money spent here so there's still lot's of leverage for Teck and the others.