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


To: Winer who wrote (5163)6/9/1998 2:08:00 PM
From: Ed Pakstas  Read Replies (3) | Respond to of 11676
 
TO ALL: I just got off the phone with Dave Brooks at DML...

First of all and in order to dispell all rumours,

"THERE IS NO SPECIFIED TIME SET FOR A NEWS RELEASE".


-I'm informed that there is a very tight flow of information from the drill sites... The company itself was very displeased with the situation that was presented to them in the first part of May, especially since the drill program had only been 3 or 4 days old...

-That particular source of information has apparently been stemmed...

-There are very few individuals that are in the know and they aim to keep it that way...

-Any news that will be available will be disseminated to the general public at the same time on a need to know basis...

-The drill program has a systematic approach to it and will be adhered to...

That's all I got and I can understand why...

...ed



To: Winer who wrote (5163)6/9/1998 3:05:00 PM
From: John Paquet  Respond to of 11676
 
Winer, WAHOHOHO!!! NR; BTW, bad news NR this morning from new president of that ECB which they conduct thier first concil meeting of this new formed ECB. This new president his name if I spell correctly is Deuisenberg told a news conference that central bank will only keep thier GOLD reserves at 10-15%, market was expecting at least more than 20%, as soon as the news out, gold down sharply from $301 to $294.50 closed $295.50 at NYMEX August contract. Bad news indeed, DML went along with it down from day hi $1.42 to day low of $1.27; as general market sentiment; right now near that low of $1.28.

The good thing that is out of this bad news is gold did'nt crash to that $290, or to that 18 years' low of $276.50, in January, 1998. and Also, the good thing is that DML still have that pots and pans that surely is coming in the near future. Market tells you everything. Today's ECB NR [that was the NR I expected last Friday, but I was expecting much better than this you see.] You know that there are lots market disturbing factors contributing the DML's up and down, some factors are postive some negative, all together combined into a market place, and many hundred market players like you and John Paquet, and many other will make their own perception of what is happening in the market place, some factors are permanent, some are temporary, for example tommorrow, Alan Greenspan will have NR which will have some on US dollars which will have some impact on GOLD which will have some impact on gerneral market sentiment which will have some impact on OUR DML you see. We just have to open our eyes watch every possible NR or distrubing factors in the market place and make right decision on our trading or investment long term.

All along I have been saying I am more interesting in global base macroeconomic events right than drilling local geological events, of course I watch some NR on that pots and pans.

Good luck to you my dearest Winer!!!! and have a very profitable trading in the days to come!!!

John....



To: Winer who wrote (5163)6/10/1998 1:14:00 PM
From: John Paquet  Read Replies (3) | Respond to of 11676
 
Winer; NR from that ECB was out, it was in its history, in fact the yellow metal had long discounted that effect in January 1998. Market is looking for new news that would make sense from now. Today Alan Greenspan NR was just gone as well and in its history, he menentioned at least 6-7 times wages inflatiion is coming up in U.S. economy system, also he hinted no interest rates hikes, still let inflation to run. Gold stablized in its intra day trading prices. It shows very supported @295.00 August contract.

DML is a buy at this level cuz it is much oversold. DML been down from that 3.00 to 1.23 a drop of 1.77, to day hit 1.24 consider the other way,and my analysis for DML: DML bull rally from .75 to 3.00 a gains of 2.25

30% retracenment is .75 @2.25

50% retracement is 1.12 @1.88

2/3 retracement is 1.50 @1.50

Today's 1.25 is .25 far more oversold you see.

I see OUR DML will be closed above that 1.50 this FRiday to say the least, and that open gap will have to be closed in next couple weeks.

Management team of DML is intelligent enough by not announcing the NR and wait for a more appropriate time to do so. That is that NR is pots and pans