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


To: Clark Kent who wrote (6133)7/19/1998 3:08:00 PM
From: mike kosic  Respond to of 11676
 
how do i figure this

last year bottomed at after intial runup for one last dance
until january or whatever this year

my hunch is based on management's lack of care towards
investors over the last few years
just look at their financials on their website
a grade 11 accounting student could do better

that's just my hunch
i'll be in their monday i love extremely bad or good news because
there's profit to be made

c u later i'm going swimming



To: Clark Kent who wrote (6133)7/19/1998 4:10:00 PM
From: The Fix  Read Replies (1) | Respond to of 11676
 
This is what this weekends edition of perspectives had to say about Donner......

Donner Resources (DML)
donner-resources.com
The rumor mill was working overtime this past week on Donner and the other
SVB players. Comments made by Donner at their AGM had the market expecting
some news this week. However, a number of Donner's partners had to be
consulted, so the news that was expected for Thursday did not come out till
after the close on Friday. We are surprised they put out the news on a
summer Friday, as it is less likely to be noticed (although the strategy
speaks volumes for their expectations on the impact the news would have on
the market). According to the news, about 35% of the drilling has been
completed, and they summarize the exploration program to date. In short,
nothing to get too excited about but enough to maintain speculative
expectations as we go through the summer. We expect that these stock will
trade sideways in the weeks to come, although we could see some short term
volatility as a lot of people bought the stock in anticipation of news.
Typically, they sell when the news comes out. Look for the stock to pull
back to $0.80 - $0.85 early next week, but then bounce and trend sideways
around $0.90. Last year, these guys all started to move in August, we
expect that the timing will be the same this year provided they can pull a
good hole. 50/100.

fIXER