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

To: BLZBub who wrote (4381)	5/11/1998 6:01:00 PM
From: Ed Pakstas	Read Replies (3) \| Respond to of 11676

Check this out gang: Kaiser says get ready for Cartaway II Donner Minerals Ltd DML Shares issued 26,161,058 May 8 close $2.74 Mon 11 May 98 In the News John Kaiser, writing in the April 28 Bottom-Fish Report, says Donner Minerals' recent performance may have more to do with stock promotion than with the fundamentals. The letter writer reports that at the mid-$2 range, the South Voisey's Bay area player has an implied project value of close to $400 million. Speculating the stock could double this year, Mr. Kaiser notes neighbouring companies with equal or better properties have far less market valuations. Drilling is scheduled for mid-May, he says. The stage has been set for a "feeding frenzy reminiscent of the Cartaway fiasco of May 1996." Still, the potential for a blow off anytime soon has been lessened by a squabble between Inco and the Newfoundland government over the location of Inco's smelter, and a Goldman Sachs report that is cool to the economics of the Voisey's Bay project. Nonetheless, Mr. Kaiser says the South Voisey's Bay area play has the potential to become a speculative winner this summer, especially on the Internet. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com He just had to throw in that dig, didn't he???... Riiiight oooon KAISER???? ...ed