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


To: Ed Pakstas who wrote (4151)4/20/1998 7:14:00 PM
From: Buckey  Read Replies (1) | Respond to of 11676
 
Ed - There is no real way to measure which is getting hit is there:

I mean we can watch it and we know just by looking that either the bid or the offer is getting hit but if it was the end of the day and you had not been on the ticker all day - We would have no Idea.

Am I correct here or is this recorded somewhere



To: Ed Pakstas who wrote (4151)4/20/1998 7:25:00 PM
From: Ed Pakstas  Read Replies (2) | Respond to of 11676
 
Hokay Ladies and Gents... I just got off the phone with someone at DML... A question came up (on one of the other SVB threads) re: Why DML/Teck was not conducting more down hole EM Geophysics... The answer is "They got froze out late last fall and couldn't complete all the ones they wanted to do"... Rest assured there are going to be tons of them down hole EM Geowhatevers done this year...

A sample of the one on the Major's property that's causing all kinds of excitement can be located here:

members.xoom.com

(Give a minute or two to download...)

Further info... DML/Teck have been flying in crews, equipment and supplies via ski plane for the last couple of weeks... They would like to get as much equipment in there via plane in order to keep the helicopter costs down... (apparently choppers cost about 10 times as much)... Drilling is expected to begin by the end of the first week of May...

Drilling contract negotiations with the LAB/GBR/PLM (LNS) JV are almost complete and are expected to be announced shortly...Gravity surveys are on tap and a priority as some of the "Hot Spots" spill over onto the LAB property from the CYP property...

It is anticipated that we shall see a NR from DML regarding a complete breakdown of budgets on all JV partners and the work that will be conducted on each property...

That's all I can remember for now...

...ed



To: Ed Pakstas who wrote (4151)4/20/1998 7:49:00 PM
From: donkeyman  Read Replies (1) | Respond to of 11676
 
Concerning that minerals meeting today in Toronto, how can anyone put a price on donner at $10/share if they have a discovery What % of the property where the strike is made would DML own 25% ? 50% ?? If we are talking NAI/DML it is a very interesting property. They might hit upon more 1.1% + nickel or they might hit upon more of that 12% nickel (which is 10 times richer than the Eastern Deeps). ?? IF Donner jumped to $10/share because of the NAI/DML claim would that mean NAI would jump to around $20/share, ?? because that would mean NAI would automatically own twice as much as donner.????. The variation in the price of nickel I think is US$3.75/lb.in 1996 and US$2.40/lb. currently. ?? I believe Diamond fields was sold for around $160.00/share It would it be a shame to have to sell Donner at $10/share with 50 million tons of 10% nickel !!!! However keep in mine DF did own nearly 100% of their property??? TECH I think also had a small bite.???



To: Ed Pakstas who wrote (4151)4/20/1998 7:51:00 PM
From: donkeyman  Read Replies (2) | Respond to of 11676
 
Concerning that minerals meeting today in Toronto, how can anyone put a price on donner at $10/share if they have a discovery What % of the property where the strike is made would DML own 25% ? 50% ?? If we are talking NAI/DML it is a very interesting property. They might hit upon more 1.1% + nickel or they might hit upon more of that 12% nickel (which is 10 times richer than the Eastern Deeps). ?? IF Donner jumped to $10/share because of the NAI/DML claim would that mean NAI would jump to around $20/share, ?? because that would mean NAI would automatically own twice as much as donner.????. The variation in the price of nickel I think is US$3.75/lb.in 1996 and US$2.40/lb. currently. ?? I believe Diamond fields was sold for around $160.00/share Wouln't it be a shame to have to sell Donner at $10/share with 50 million tons of 10% nickel !!!! However keep in mine DF did own nearly 100% of their property??? TECH I think also had a small bite.???