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

To: Alfonso Agostino who wrote (2955)	1/15/1998 2:10:00 AM
From: Ed Pakstas	Respond to of 11676

Al: Good Read...Guess DML/NAI/CYP and all the other plays have to find enough to mine first... For INCO it all boils down to what the price of nickle/base metals will do this year... It's all part of the spec game ... ...ed

To: Alfonso Agostino who wrote (2955)	1/15/1998 2:13:00 AM
From: Surething	Respond to of 11676

To All, the following is a link to an excellent article about the dedicated people who operate Silicon Investor.... msnbc.com Alfie, Metal prices are cyclical. There was a time a few years ago when Inco almost went bankrupt due to low nickel prices. Traded around $4 per share if I remember correctly. These guys are in business for the long term so should be able to survive short term low metal prices. Surething

To: Alfonso Agostino who wrote (2955)	1/15/1998 8:32:00 AM
From: the Chief	Respond to of 11676

Alfonso, I don't think the Inco thing will affect Donner at all. What has to be remembered here is INCO paid DFR a "Zillion" dollars for the property. This has put tremendous strain on their ability to borrow, at a time when the price of commodities have tanked. As said in a previous post, Donner has to find something first. If they find a comparable deposit, I guarantee you Donner will be worth alot more than you have got invested in it. the Chief

To: Alfonso Agostino who wrote (2955)	1/15/1998 9:52:00 AM
From: Karl Zetmeir	Read Replies (1) \| Respond to of 11676

There's a major difference between a producing company and an exploration company. The exploration companies ... if they find a mineable resource ... essentially got that resource at a very low cost. A producing company, INCO for example ... paid dearly to acquire Diamond Fields. The net result is the big money to be made was in DFR (which I was not! waaaaaaaaahhhhhh!) INCO got a sure deal ... and consequently the return to them in terms of percentages will probably be much less than those who took a risk on DFR.