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

To: donkeyman who wrote (3748)3/19/1998 10:20:00 AM
From: VAUGHN  Respond to of 11676
 
Hello Donkeyman

While the 2-3% NI is very nice, the more important issues really are:

1. How economically it can be recovered (near surface), and
2. What the CO, CU (and hopefully) PGE values/%'s are.

These other metals pay for the cost of recovery, making the haul of NI pure profit.

In Sudbury, some mines also have AU values and in Manitoba, the PGE's really help subsidize operations.

What is so attractive to me about SVB so far is not the very exciting NI values, but the extrodinarily high %'s of CU and CO.

Now bring on the tonnage!

Regards



To: donkeyman who wrote (3748)3/19/1998 10:59:00 AM
From: Terence Mitchell  Read Replies (1) | Respond to of 11676
 
Hi Donkeyman,

I believe you are getting mixed up with Bre-x (10 to 1 & 280), for DFR they had a 4 to 1 split and I believe the high got up around $40 after the split and just prior to the Inco sale.

regards, Terence Mitchell


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