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

To: wayne cath who wrote (3948)	4/7/1998 12:11:00 PM
From: John Paquet	Respond to of 11676

Wayne,December, 1997 was one of the worst performance of Canadian mining stocks; you could see the records for yourself; VSE Index down from 1400 to 575, TSE Gold and Silver Index down from 15500 to 5600, CWA down to 11 cents, DML down to 75 cents, MGD down to 9 cents, PDG down to $14.00, ........ and many many more. I think several market factors which had something to do with it: That commodity GOLD price broke that important $$300.00 and heading down to $270.00, someone even predicted that gold could fall to $$150.00; central banks rush to sell their gold reserves, BRX fallouts played big threats in the mining sectors, Asian flu and its currencies devaluation , Asian stock market crashed created that deflation and depression feeling, DOW down 500 POINTS A DAY TO 7600, Winter's closed up drilling programs, and that BIG tax sell in November and December of 1997. DML not alone followed with the very bearish market sentiments down to that 75 cents. However, wouldn't you agree that these market factors have changed????????