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

To: mad cow II who wrote (3781)	3/25/1998 12:45:00 PM
From: Ed Pakstas	Respond to of 11676

NAI JUST CROSSED THAT MILLION SHARES THAT GNU HAD TO SELL...... 03/25/98 - 12 Trades for NAI Ex Time Price Change Volume Buyer Seller Marks A Mar 25 10:42 1.55 0.03 5000 035 Canaccord 035 Canaccord T A Mar 25 10:42 1.45 -0.07 1002000 035 Canaccord 035 Canaccord T A Mar 25 10:42 1.46 -0.06 13000 035 Canaccord 035 Canaccord T A Mar 25 10:42 1.47 -0.05 500 052 McDermid 035 Canaccord T A Mar 25 10:42 1.50 -0.02 10000 048 Yorkton 035 Canaccord T A Mar 25 10:42 1.50 -0.02 900 048 Yorkton 035 Canaccord T A Mar 25 10:42 1.51 -0.01 300 052 McDermid 035 Canaccord T A Mar 25 10:42 1.52 0.00 5000 006 Green Line 035 Canaccord T A Mar 25 09:56 1.51 -0.01 4700 052 McDermid 048 Yorkton T A Mar 25 08:18 1.50 -0.02 100 048 Yorkton 035 Canaccord T A Mar 25 07:37 1.50 -0.02 4000 048 Yorkton 035 Canaccord T A Mar 25 07:37 1.51 -0.01 1000 029 PI 035 Canaccord TW

To: mad cow II who wrote (3781)	3/25/1998 1:01:00 PM
From: 1king	Read Replies (1) \| Respond to of 11676

This is a secret between you and I;-) They have more than 80+ mT. Pound for existing pound of metal you are correct. The value was based on future tonnage even beyond present day values. This is common in the purchase of mining entities. You cannot buy just the metal you see. There is always a futures factor and sometimes it is over stepped. For any keeners, check out the book titled Mineral Deposit Evaluation: A Practical Approach (ISBN 0-412-35290-7). Primary factors to consider would be: 1) Price of metals 2) Mining Costs 3) Power Costs 4) Tax Structure etc. But underlying this is: Technically DML is a virtually valueless company (fundemental analysis)therefore the $2.50 share price is tied only to hope related to a mineral property with X potential. Try and calculate a P/E or other indicator. To assign a proper value to DML would have to take the route through the potential value to a major, to purchase DML's complete interest in the property. A developed mine approach is not possible for a junior of DML's financial or technical standing. We are mixing our juniors, explorers, and mine developers. DML is a former and Teck is a latter. Both would like to be in the middle class as well. 1King

To: mad cow II who wrote (3781)	3/25/1998 4:02:00 PM
From: king tut	Read Replies (1) \| Respond to of 11676

Mad cow II, this message is for you. This is my analysis on a economic mine deposit at with 20 mt of ore with ni $2.85 us, cu $1.00 us and co $15.00 us. To determine the price per tonne I used drill hole 97-67 assay results 1.13 ni, .78 cu and .20 co. (This was over 15m vertical drill) I did not include assay results from hole 97-75 which were 11.75 ni, 9.70 cu and .43 co over 1.2 meters at 45* angle or so. These two core samples represent $40,000 CDN in metal sales alone (125 tonnes). The value of this assay puts on the ore is $216.oo CDN. Multiply 216.00 by 20 mt you have 4.3 billion dollars divide by 4 (25%) you have 1.082 billion dollars, divide by 35 million fully diluted shares you $30.00 in metal sales. There it is . I am not saying Donner has a very valuable property, but I am saying Donner may become a very valuable property owner/co-owner these are just my thoughts One more item You notice the extra amounts of director and employee options being granted over the past 10 months. I have not checked insider trading but I believe these options are being held. just my thoughts.