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

To: Sam who wrote (6225)	7/23/1998 2:15:00 PM
From: VAUGHN	Read Replies (2) \| Respond to of 11676

Hello All Doom and gloom aside and despite the lousy markets, I maintain this is still the play that has the sole junior markets attention in the sense that if we get news, everyone is still watching. I do not believe that is the case for 99% of the rest out there. Spoke to DML today and whether you are in the camp that believes they have not got a clue what they are doing or you believe they are an incredibly oversold silk purse, sitting on a winner. There is one reality that transcends either perspective. Their NR referred to two significant targets. One on the NAI property is defined by two geophysical methods, one of, which is the newly refined PM modeling that management feels is zeroed in on the right indicators. The CYP target is defined by an EM survey but management seems to feel pretty confident about it regardless. The NAI target had a drill mobilized to it this week and appears to start at about 200meters in depths and is over 600meters across (Ovoid size?). At that depth, if they hit massive, we should be hearing about it next week, correct? The CYP target is about 325meters deep and is supposed to be having a drill mobilized to it this week some time. So, if they hit massive, we should be hearing about it by the week after, correct? Bottom line, if management is right on this new PM modeling, we will know next week +/- and if they are, new targets should be able to be pin pointed more expeditiously, correct? If they are wrong, some more homework will be needed, but every attempt has to be adding to the learning curve and info bank and I maintain it is only a matter of time. Hang in there gang and have a good weekend. Regards