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

To: the Chief who wrote (3654)	3/9/1998 7:14:00 PM
From: Flea	Read Replies (1) \| Respond to of 11676

Hi Chief...I understand and share your concerns but I just thought I'd bring up the fact that these options (announced today) were granted to employees on Feb 3, 1998...DML traded between $1.68 and $1.90 on that day...2 trading days before that (Jan. 30, 1998), it traded as low as $1.45... I haven't checked the other examples closely but again, I do agree...that's a helluva lot of options in a few months...there better be some (money) left for us to make ;-) Regards

To: the Chief who wrote (3654)	3/9/1998 7:32:00 PM
From: B. Carrington	Respond to of 11676

Good observation on the granting of options by DML. There are some similarities between this strategy and that which is used by junior cap high tech stocks I have worked with. An effective means of maintaining interest in a junior cap high tech is to issue options to management in periods of minimal news. This has the impact of motivating management to continue promoting the stock and putting the "spin" on the story. It keeps the share price propped up until news arrives. I think the same is being done with DML given that there has not been concrete news from the Company over the last three months. However, I could be dead wrong and these guys are just greedy and hope to exercise their options into the increased demand during the next run on the stock. Regards, B. Carrington