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


To: 22Cows who wrote (3470)2/24/1998 12:51:00 PM
From: Zardoz  Respond to of 11676
 
"Wish I could tell you some esoteric thing about my handle but its all about the bovines behind my house *grin*."

I need some hamburger meat, send some over; 21Cows.



To: 22Cows who wrote (3470)2/25/1998 8:25:00 AM
From: ziggy  Read Replies (2) | Respond to of 11676
 
Zig Heil there 22 cows, or would ' son of a bovine blastula ' be more appropriate ? Actually, my buddy JIM thinks that the 'El Toro Poo Poo Ensemble' might be a better nom de plume. How about querying your geologist friends for a second opinion ( given me by another geologist) that DML will need a deposit of 15 mill tons in order to make it economic. The following assumptions were provided
---Nickel price of $2.00 US per pound
---extraction costs to be covered by polymetallic condiments ( eg cu etc)
---average nickel content of 1.25% and polymetallics as in Voisey,s.
---intermediate depth deposit ( 100-600 m)
---Access to Inco,s delivery system at a cost of 10% discount on the nickel price
----access to Inco,s smelter in Nfld (proportional shared cost--asssume 30 %)
---availability of cheap power ( about 7 mills)

Local geoligists rate DML,s chances of finding another nickel deposit at better than 50 %-----perhaps IKING can provide us with the types of
technical info that TECK likely included in their prospectus report which they delivered to DML on Monday, also what we should be looking for when DML announce their 1998 drilling plans.