SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?


To: Elizabeth Andrews who wrote (6505)8/4/1998 5:29:00 PM
From: Peter J Smit  Read Replies (1) | Respond to of 11676
 
Elizabeth

I makes sense to me for a number of reasons:

This is a very brutal market for raising money. It is logical to become more conservative with the exploration program.

Make the best use of the technology available thus reducing the amount of drilling required. The pulse EM surveys are continuing... indicates to me that they still have drill holes to work on.

"detailed geological mapping, detailed and regional gravity geophysical surveys and the Pulse EM survey are all in progress"

It may not be what investors want to hear, but it makes sense to me.

The potential of this area is still there or you will not have the likes of Falconbridge sniffing around.

Regards
Peter