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


To: the Chief who wrote (3290)2/4/1998 7:20:00 PM
From: Buckey  Read Replies (2) | Respond to of 11676
 
Chief, I am very surprised aslo. So much so that I foolishly decided to trade most of my NAI at $1.12 and buy CRN at $1.58 as I felt that CRN was moving up and was beginning to drill. I am now out of CRN also.

No plans are finalized yet for SVB. Rumour has it that lots of fuel is being flown in.(rumour only but it makes sense as it is apparently easier to land when the ground is frozen - someone posted earlier).

The screens were all green today as I have some NDE also - NDE as someone posted here earlier may be the sleeper - today was the first day that NDE has traded volume in a long time (NDT Ventures).

The news is flowing. Exact drill target news may be next. TECK and DML make that decision I think so one of the jvs may be an earlier target than others.

If no rumours are out and no "BIG" announcements are leaking and if this is just solid interest then what happens when something real happens like another drill result?????????????



To: the Chief who wrote (3290)2/4/1998 7:26:00 PM
From: c.r. earle  Read Replies (2) | Respond to of 11676
 
Chief,

Here is my uneducated theory. I would think that the run up has taken a life all its own. Accumulation has accelerated the movement in price. Unless there is some leak somewhere of impending news I would think that we will see a pullback.

Or at least I was hoping so. I sold all my shares off approx. 4 weeks ago when it spiked to $1.65 from about $1.20. It did retreat thereafter but I missed the strong accumulation around $1.25 .30 .I was of the belief that we had sufficient time to accumulate the stock before the start of drilling in late March, April whichever it may be.

There certainly has been much interest in DML, but I would echo the previous few comments on Canaccord. We have commented on this before, no sooner do they recommend accumulation than we see them as one of the leaders in unloading shares. How typical!!