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


To: Rocket Red who wrote (9753)11/25/1998 9:20:00 PM
From: Ed Pakstas  Read Replies (1) | Respond to of 11676
 
Red...It's my belief that the bulk of the holes have been reported on, at least those that have minute substances in them...

The ones that haven't been reported on, are the 2 that are bieng drilled on or near the MGJ property...

So I'll hesitate to guess, that with the failure of this puppy to continue onward and upward through the .40 mark today, they got something but not enough....

...ed



To: Rocket Red who wrote (9753)11/26/1998 12:05:00 AM
From: The Osprey  Read Replies (2) | Respond to of 11676
 
red,
I agree with you and this "Selected Assays" thing bothers me immensely.I have asked myself some questions and tried to also answer them myself based on pure speculation.

1)Why did the company release Selected Assays on the DML/NAI property?

Four reasons come to mind.

(a)They sent the cores to two places to be assayed.One there is no visible signs(and no one can tell me a trained experienced geo can't spot visible signs in a core or suspect)so to complete the assays they send them to an effecient lab for expediant processing.The results are back and released as "selected".The other cores with good signs are sent to be assayed by a less time effecient lab(time wise) for processing which have sufficient visible signs.They are sent here to have a reason to delay required reporting while MGJ and Lab is drilled.This may be explain why they are drilling so close to the border to NAI on MGJ to test the tentacle model 1King discussed earlier.

(b)The PP expired and no news release followed by the selected results was done to bring the price down so as to set employee options at a lower price and arrange a financing for 1,000,000 which happened 3 days after the other one expired(co-incidental)???

(c)If the final assays sent to the slower lab come back less than expected they can blame the internet with spreading rumours as was done last year if people recall.

(d) If they have hit something of significance then the run up may be leaked news.Remember that 3,300,000 shares and 3,300,000 warrants come free trading on December 11 of this year from the PP done in August.Coupled with the options??????

This is purely speculation on my part and I will be watching as will others as to how this plays out based on this scenario.

Osprey