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

To: VAUGHN who wrote (10261)	1/22/1999 3:20:00 PM
From: Buckey	Read Replies (1) \| Respond to of 11676

points all taken - us peons cant make a little money unless the insiders make a lot - I am not ready to sell the farm for this one and have reduced my exposure to very minimal - ACB on waht is left if I get filled on NWI will be cloer to 1.48 I think so I will be OK

To: VAUGHN who wrote (10261)	1/22/1999 8:20:00 PM
From: BLZBub	Respond to of 11676

OFF TOPIC - NWI.T You said: " Shares were trading for $.20 for months. On Dec 6th there was a rights offering for 1.7 million and on Dec 16th another for Share Purchase Warrants for 3.4 million exercisable at $.32." Actually, the Dec 16 NR was an announcement of the closing of the rights offering announced on Oct 22. There was no Dec 6th announcement that I can find, and if there was it must surely have been related to this same rights offering. See below from Dec 16 NR: " Nuinsco Resources Limited is pleased to announce today the results of its recent Rights Offering to Shareholders which raised gross proceeds of nearly $1.1 million from the issue of 3.4 million share purchase units priced at $0.32. Some 1.7 million share purchase warrants issued as a result of the participation, if fully exercised, would net an additional $.7 million on or before December 6, 1999, realizing a total of approximately $1.8 million." Is it possible that the drilling data from May 98 clearly showed the potential of this property, but that investors were not in the mood to put money into spec plays? Those close to the project (see Oct 22 NR)publicly stated that they would be exercising all of their rights. The company can't be held responsible for the market's skepticism in this case. As far as the less than 24hr duration between NRs on visuals then partial assays, Buckey John suggests that the visuals were not announced immediately in order for NWI to stake more property: Message 7418108 When the price started rising on Jan 20, they probably suspected a leak, and decided to tell the market what they knew, before the assays were ready. This is speculation, but sounds plausible to me. Bill.