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


To: 1king who wrote (6179)7/20/1998 9:16:00 AM
From: Sam  Read Replies (1) | Respond to of 11676
 
Lets put it this way ,,they are not bragging up anything they found ,,most likley because they came up very empty
sam



To: 1king who wrote (6179)7/20/1998 9:34:00 AM
From: gtr  Read Replies (1) | Respond to of 11676
 
1King, I got the same feeling. They did all this work and promised to release results and then we didn't hear anything for a year and a half. Who knows? That is all the info I could come up with. It doesn't seem to say how many holes were drilled. It is all very vague. I just found it funny that for a year there was constant updates and progressing of work through different phases because they were so encouraged by results they never really shared with us and then NOTHING for over a year!

GTR



To: 1king who wrote (6179)7/21/1998 12:43:00 PM
From: mineman  Read Replies (1) | Respond to of 11676
 
Labrador Total Exploration 1995 to '98:
1995 = $60.8 mil
1996 = $81.4 mil
1997 = $61.4 mil
1998 = $36.0 mil. (forecast)
Total = $239.6 mil (say $ 240 mil)
Less $80 mil (Diamondfields/Inco Exploration)

Subtotal = $160 mil direct exploration by companies (without
Diamondfields/Inco).

However total money raised by companies = about 35% higher than direct exploration expenses.
So about $215 mil. was raised by all companies for labrador exploration from 1995 to '98 (without Diamondfields/Inco).

(Figures from-Labrador Government Mining Office)