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

To: Ed Pakstas who wrote (4003)	4/12/1998 8:57:00 PM
From: Buckey	Read Replies (1) \| Respond to of 11676

OFF TOPIC : ED; then it turned to Ice for Saturday Morning which really put a damper on that 9:00 a.m. tee off time for the first round of the year. ON TOPIC - to your point on pricing already being built in. As I have said before, I think these prices hung in much stronger than I would have otherwise expected. This $2.40 level I would have expected closer to drilling and that we would be sitting under $2 during this lull. THE SVB NRs did nothing to boost them either. Maybe the money in SVB is more sophisticated that the average play and that some of the expectations are built in and we will not see as much Volatility with thedrilling progression of drill, NR stock up then down cycle. We will still see some of that but maybe not like last year.If this is the case I would not expect to see much more than $3 before we see the first set of results OR, Not much has been built in and when the drills start turning this will run to $5 just on hope of the first set of results turning something out. Since I have been wrong so many times on trying to figure DML out I have no idea if either of these are even plausible guesses nor do I know which one is even remotely close to reality. OFF TOPIC - MM started this thread on CCK Subject 20241