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

To: The Osprey who wrote (8183)	11/1/1998 3:52:00 PM
From: Ed Pakstas	Read Replies (2) \| Respond to of 11676

Osprey...Anytime they want now... One would think they would begin to exercise them once the stock got over .75... Two ways of doing it... 1) Cut the cheque and hang on to the stock for expectant profits, or 2) Short the chit outta the stock against the exercise price of 0.75, once it surpasses the .75 mark... One other thing to keep in mind... That 1MM shares of .94 Insider Incentive options... FYI... They haven't been re-priced lower as of today. IMHO... There are 2 rumours affecting this play right now.. 1) The NAI has hit on sumptin' somewhere, therefore the explosion in price on the DML/NAI jv on Friday. 2) The LAB jv has received PEM results that blow all other's outta the water, which will affect the share values of its jv partners and the CYP/DML jv only because of the proximity of those PEM's. The anticipation factor of the ongoing drilling on the NAI, expectant drilling on the MGJ and the LAB, and circulating rumours on the whole play will determine the share values next week. Friday's trading had nothing to do with short covering...The SVB's have been sitting at the bottom of the toilet bowl for to long. If anybody was short, they would have covered a long time ago. What came out was a combination of tired stock, an opportunity for capital preservation, an opportunity for a day trade and a profit opportunity for those that bought below .30... But then again, what the 'ell do I know... ...ed

To: The Osprey who wrote (8183)	11/1/1998 4:11:00 PM
From: Gord Bolton	Read Replies (2) \| Respond to of 11676

October 5th, 1998 News from Donner Website is different. Sure looks to me like Donner already got the money and is using it right now. So why at .75 when Donner was trading at .33? Maybe based on what they were not telling us? And some people would have been real pee-ood if Teck was buying shares at market if they knew they were worth much more? ""VSE Symbol: DML Teck to make $1,050,000 investment in Donner "David Patterson, Chief Executive Officer of Donner Minerals Ltd., reports that Teck Corporation has committed to make an additional $1,050,000 investment in the Company. Subject to the approval of the Vancouver Stock Exchange, the Company and Teck have negotiated a reduction in the exercise price of the 1,400,000 B warrants held by Teck as a result of their initial private placement in Donner. The B warrants, which expire on October 18, 1998, currently have an exercise price of not less than $2.75. The Company will be seeking Vancouver Stock Exchange approval of a $0.75 per share exercise price, a premium to the current share price. The funds from Teck's exercise of the B warrants will be used towards continued geological and geophysical field surveys and diamond drilling on the Company's exploration properties in Labrador in 1999. Drilling continues on targets throughout the South Voisey Bay Project. Promising drill targets have been identified through the integration of geology, airborne geophysical results and ground geophysical results, including Pulse EM and gravity, on the North Gabbro, South Gabbro, the Suture Zone to the east and the intervening area between the North Gabbro and South Gabbro and the Suture Zone. Pulse EM and regional gravity surveys continue to be carried out over the North Gabbro and South Gabbro." ON BEHALF OF THE BOARD OF DONNER MINERALS LTD. David Patterson Chief Executive Officer""