Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ed Pakstas who wrote (3538)	2/27/1998 7:21:00 PM
From: Flea	Read Replies (1) \| Respond to of 11676

Donner Minerals Ltd - Interest in South Voisey Bay claims to be acquired Donner Minerals Ltd DML Shares issued 26161058 1998-02-27 close $2.34 Friday Feb 27 1998 Mr Harvey Keats reports Donner has agreed to purchase from Thistle Creek Resources a 50% interest in 165 mineral claims covering property in the South Voisey Bay project area. This purchase will give Donner a 100% interest in this property subject to a 1% nsr royalty interest retained by the vendor. The purchase price is 500,000 shares of Donner, of which 250,000 will be issued on closing. The remaining 250,000 shares will be issued upon $1 million of new expenditures having been incurred on the property. Donner has granted stock options entitling the holders to purchase, for five years, 550,000 shares at $1.96. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

To: Ed Pakstas who wrote (3538)	2/28/1998 7:56:00 AM
From: Andrew Bailey	Read Replies (1) \| Respond to of 11676

ED - Do not get me wrong I like LAB b/c I like the property and I own shares. But think today LAB issued another possible 9 million shares at .22 - this is very close to the total number of shares of Pallaum. Look at 1996 - based on this property alone PLM went to $3 when Lab went to $1. I'll try and find out exactly how many shares fully diluted they have out ( maybe you could add this to your informative ticker. ) Ed - come on the selling yesterday was for sure attributed to the financing - the VSE allows a % discount on the closing price that is set - so if LAB closed at .40 today then they would not have done a financing at ,22. Anyways, thanks for the informative posts