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

To: Anthony Wong who wrote (4572)	5/16/1998 6:12:00 AM
From: Blaine	Respond to of 11676

It looks like someone forgot to inform Angela Huxham in advance! (enough said) Blaine

To: Anthony Wong who wrote (4572)	5/16/1998 12:06:00 PM
From: John Paquet	Read Replies (1) \| Respond to of 11676

Hey Anthony, Thanks for the post. DML CWA MGD LAB MGJ ... and all others SVB stocks this 11-14 days just a correction; retarcement pattern, markets have expected a more significant NR and also that Gold dropped its price down to $295.90; much below that important $300.00, investors or and traders decided to do some profit takings, but as I mentioned prices discounted everything; everything in the foreseeable and every condition which can affect the supply and demand of theses stocks. I found that 2.00 will be a key support, that 2.00 is the last breakout neckline of a "W" shape pattern, and markets are anticipating more drill NRs in the coming, some with good pots and pans and importantly that I found the gold price has bottomed out, it came right back up to above that $300.00 and will be heading much higher, all the negative sentiments were gone, more significant news are coming. So, buy low sell hi concept or buy at retracement sell at big rally still would very properly to be implemented right here. Regards. John...

To: Anthony Wong who wrote (4572)	5/16/1998 1:55:00 PM
From: Winer	Read Replies (3) \| Respond to of 11676

Thanks for posting that article Anthony. This provides an opportunity to check a few facts and scrutinize the theme of the article. I have italicized segments from the article. Peter begins.. A plunge this week in the shares of two junior mining firms drilling for nickel in Labrador has once again raised concerns someone is leaking news about the project. There are no factual errors here, but I have two objections. They may seem moot, but I believe that a number of moot objections add up to the revelation of a notable overall theme. Please correct me if you think I am wrong. First, "plunge" is an adjective that forms the beginning of a bias. If you take the meaning of the word "plunge" from the dictionary it says "thrust forcefully or abruptly ... move suddenly and dramatically downward ... decisively." In a sense it appears that Peter has used the word correctly. But I would argue that decidedly strong adjectives should not be used in objective journalism because in instances like this they contain the notion of a sense of correctness that cannot as yet be assured. The 'plunge' would be a true 'plunge' it it were 'decisive,' which it would not be unless the stocks prices never rose again. So I think 'plunge' is too strong because it sets the reader up as a witness to an event of greater gravity than might actually be the case. The second problem I have with this introduction is that Peter provides no evidence here or in a brief reference later in the article of past concerns of information leaks. When he writes "once again raised concerns," he is discussing thus far unsubstantiated suspicions and, particularly at this point in the article, asking me to take it on faith that there have been problems with leakage in the past, something that would make this current problem of leakage (which he has yet to explain) more grievous. So I am being persuaded to suspend any disbelief by the suggestion of the presence of not only a problem, but a compounded problem. I get the feeling Peter is trying to involve me in a dependency relationship! Skipping down a bit in the article ... On Thursday morning, about 3 1/2 hours into the trading day, the Vancouver and Alberta exchanges halted trading in both stocks. There is a factual error here. The Northern Abitibi halt was at the request of the company. Here is the URL for the release: newswire.ca and here is what it says: THE ALBERTA STOCK EXCHANGE - TRADING HALT CALGARY, May 14 /CNW/ - The Alberta Stock Exchange has issued the following trading halt: Issuer Name: Northern Abitibi Mining Corp. ASE Ticker Symbol: NAI Time of Halt: 09:39 Reason for Halt: Request of the Company Pending News For further information: Market Surveillance, The Alberta Stock Exchange, (403) 974-7400 I am not sure of this but I think Donner was halted at the request of the VSE. Now once again this error might seem moot, but I would suggest that it's presence further embeds in the reader a sense of gravity (not one but two sanctioning bodies intervened) than is the case. Now we are provided with a 'sound bite' from Angela Huxham ... "It reflects very badly on the companies when they have movement on no news," Angela Huxham, director of surveillance at the VSE, said Friday. This is nice, but it is too short to be placed properly in context with Peter's theme that there is something wrong with the way Donner and/or Northern Abitibi have been controlling information. For example, it is not really clear to me what companies Angela Huxham is referring to. Is she speaking on a general level or is she speaking specifically about Donner and Northern Abitibi. Another moot point, but Peter is quite persistent in providing me with prose that seems to be trying to persuade me that there is a serious problem afoot. The next section of the article contains errors of omission ... The halts were lifted after the firms put out a news release late Thursday with a description of two drill cores including "semi-massive sulphides." Mining analyst Wendell Zerb at Pacific International Securities Inc. in Vancouver said investors would interpret those findings as "not up to expectations." The drillers seek "massive sulphides," which would indicate plentiful nickel, copper and cobalt. I would say that it is more than reasonably significant that the 'drill cores' being reported were preliminary in as much as they comprised only an initial fraction of what will be the entire core for the first of numerous drill holes. I think that this manner of reporting fails to properly contextualize the meaning of what has been achieved thus far in terms of the overall objectives of the project. The remaining collage of sound bites from Harvey Keats of Donner and Leslie Hayes of Northern Abitibi comprise what looks like a difference of opinion about information control at the drill site. These quotes give us no evidence that would explain the relationship between information control and share price that apparently has been brought to bear on the current pricing of DML and NAI. This relationship between share price and information leakages was the touchstone of the article but the writer has not put forth an analysis, he has only presented a implausible theme that there is something nefarious about Donner by blending very early unassayed drill core results, sudden declining shares prices, and unsubstantiated claims about information flow from last years activities. As we 'internet' people know, there is much more to the story.