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

To: the Chief who wrote (9422)	11/18/1998 10:21:00 PM
From: dean poets	Read Replies (1) \| Respond to of 11676

Well said Chief, as the 97 drill results were only a smoke screen, hiding the fact there was nothing significant found in 98. Dean

To: the Chief who wrote (9422)	11/18/1998 11:05:00 PM
From: John Fairchild	Read Replies (1) \| Respond to of 11676

What I see. 44 holes drilled (or reported) 98-88 to 98-131. Previous drilling was up to hole 97-87. Thus we can conclude that this years program so far accounts for 1/3 the drilling to date. At the end of 1996 this is what they had to say about drill results: "Preliminary assay results show that these zones contain approximately 10 meter thicknesses of elevated copper, nickel, and cobalt values. Although total sulphide content is relatively low, typical "leopard texture sections" from the zones assayed from 0.15% to 0.19% nickel, 0.11% to 0.14% copper and 0.02% to 0.05% cobalt." In todays NR they have provided results from 10 holes of significance from 97-67 to 97-97 with 5 of them being very mediocre. Results are provide on 15 holes of the 44 drilled this year so far. Out of those 15 holes, 4 are are very mediocre. I counted 6 holes with intersections greater than 1 meter. This is by no means a precise way of analyzing results but I think it does give an indication of progress. But then again we see what we want to see. Yes, I agree they have not hit anything economic yet but the market already knew that. They still have some drilling to do this year with plans for next year. John

To: the Chief who wrote (9422)	11/18/1998 11:22:00 PM
From: Buckey	Read Replies (1) \| Respond to of 11676

Survey says - ity sucks - WEll we can stop complaining about one thing - the lack of info. They have drilled where we can assume they best felt they could find the good stuff in areas that could continuity of this ore body ( I dont know the exact terms). The fact that they have not found anything is dissapointing so far but we know that it is still a GAMBLE. WE play these for DF dreams - No question about it. Nothing yet - we still have some chips in fromt of us and the casino is open 24 hours. My big question to the geos is simply: what positive signs can we take from this if any???? what comparisons can we make to DF from a time point of view ( years into drilling etc) assays so far etc. DF did not happen overnight ( anyone feel free to send me the book for christmas $35.99)

To: the Chief who wrote (9422)	11/18/1998 11:35:00 PM
From: Flea	Read Replies (1) \| Respond to of 11676

Yes, indeed...dissapointing but we already knew they've hit nothing this year or we would've heard about it. On the one hand, it's nice to finally see some assays but on the other hand, no map of drill locations, etc. (ie. just how far is hole 98-131 from wonder hole 97-75?) ... With the exception of the high grade massive sulphides in the footwall gneisses in 97-75 and 98-131, all of the intersections are contained within widespread blanket mineralization at the base of the gabbro. This flat lying blanket mineralization is highly conductive and is detected by in-loop pulse EM. The last sentence of this paragraph suggests (to me anyway) that the PEMs may not be as meaningless as last year's much hyped gravity surveys. Should this hold true, then we just might have a surprise up LAB's sleeve as we keep hearing that the strongest PEM readings to date are those found on Labrador Nickel Syndicate land. It also sounds like they have refined targets on NAI, CYP, and MGJ jv lands based on interpretation of this new data. By all means this is quite a stretch but again to me it provides a sliver of hope for the rest of the '98 drilling season. I also agree with Terence that perhaps the promo wheel is just once again beginning to turn. Their way of saying, "Thanks for coming out...see you again next year." So how many of us will be back next year? Will they be able to raise funds (for next year) as successfully this winter? What will the market do tomorrow? How about 2 weeks from now when they've got the drills finally turning on LABland? This all remains to be seen. I don't think any of us has the answers...except maybe Terence's daughter. <g> I remain on my knees praying to the nickel gods. Good luck to all. ps. these clowns could never keep their mouths shut...there's little doubt in my mind that the run up 3 weeks ago was due to hole 131. pps. LAB sell-off today also suggests someone knew about the timing of this NR...and certainly the timing of yesterday's LAB NR...dem's da breaks...nobody gives a shit about us little guys.