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

To: David Smith who wrote (4464)	5/13/1998 8:56:00 PM
From: donkeyman	Read Replies (2) \| Respond to of 11676

Yes, I think your figures are correct. I notice some of those juniors in SVB are well clustered together, and only up 2 or 3 times their low share price for the year. I remember after Diamond Fields made that nickel discovery on that main ovoid, some of the juniors up in that area, like Castle Rock I sold that for $2.50/share. I think that was in the range of 30 times their true value, currently at $0.08/share. Also, Absolute Resources I purchased that one at the $5.00/share. That's 25 times their current price of $0.20/share (what I made on CTP, I lost on ALR ).If there is a strike in SVB many of those juniors are close to the action, many of those juniors near that huge Diamond Field property were about 15 kms. from the ovide. So like Kaiser said the other nigh concerning SVB "neighboring companies will equal or better properties have far less market valuations". I guess he was referring to Donner. One other thing. What did Kaiser mean when he reported "Donner at the $2.50 range, has an emplied project value of close to $400 million". (26 million shares times $2.50/share is only $65 million ) $400 million is 6 times more than $65 million???????