SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?

To: donkeyman who wrote (4465)5/13/1998 9:59:00 PM
From: Tom Cat  Read Replies (1) | Respond to of 11676
 
donkeyman,
About Kaiser, like any person that guesses, he could sometimes be right (just because of the law of probabilities). He was right when he said that Malasia will be a "flash in the pan". I think nobody really knows what the heck is under those darn rocks in DML's property. If you are long term holder you will make money here (just because of the length of the play), in the meantime, the nervous one will loose patience and vail out (probable at a loss)....this play needs solid nerves....I hope they will hit, if not then perhaps the play attention will move to Quebec where Falco's Raglan mine started operation this year. For the time being I am playing the Raglan and keeping an eye on the VB
TC



To: donkeyman who wrote (4465)5/14/1998 7:48:00 AM
From: Buckey  Read Replies (1) | Respond to of 11676
 
>>>>>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 )<<<<<<<

Donner only has 25% of the NAI/DML property with Teck having the option for 25% and NAI has 50%. Maybe "BUNS" was using a higher share price of $3 and maybe he assumed that DML FD is more than 26 MM shares. That is my guess on his take on the numbers.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News