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


To: Terence Mitchell who wrote (9358)11/17/1998 10:10:00 PM
From: Rocket Red  Read Replies (1) | Respond to of 11676
 
Terence
There is nothing we can do its up to Donner to tell us what they got or don't have.Right now they have nothing as we can all see or other wise they would have told us.the last excitment on dml was because they hit high grade ore in the core but i was told it was small but until dml tells other wise nobody on this thread no's forsure.

PS I'm sure Donner does not like it either where there share price is
but they can do nothing but keep drilling to find it.



To: Terence Mitchell who wrote (9358)11/17/1998 10:51:00 PM
From: John Fairchild  Read Replies (1) | Respond to of 11676
 
Santa lives in the heart as does all our hopes and dreams. Why do they do it? Why does DML continue to explore? Why did they lock up all those JV's? Why does Teck continue to support the exploration?They must think there is some potential. If they clearly had the goods then the stock would be trading in multiple dollars with very little potential for the big gains which would happen if they hit. In my opinion the price reflects the fact that there is hope. The risk is high but so are the rewards. There is lots of mystery in life. If there was not then it would be very boring. There just happens to be a lot more mystery in most junior mining stocks (not any more in DML than most in my opinion). The price reflects the fact that they have not come up with the goods yet. The stock is liquid so we know their is still lots of interest in the potential. This is stuff that we all know. They are of course trying to find a needle in a haystack. Does the needle exist? If it does will they continue exploring until they find it? We can convince ourselves of many things regarding the wisdom of our stock purchases. We can say in the case of DML that they have spent so much time and money on the properties that they must be getting closer to a discovery. Do we pay a premium to reflect the amount of work that has been done taking them one step closer to a discovery if it exist? No. We discount the share price for what we interpret as failures to produce the goods. We have oil and gas companies that place tight hole status on results. We have also have mineral explorers that try to suppress information.

Sorry for rambling.

John

Just read the post from your daughter. Makes you think.

I am not a very good golfer - but then again I am not very good at speculating on junior miners.