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

To: VAUGHN who wrote (10263)	1/22/1999 7:41:00 PM
From: Ed Pakstas	Read Replies (3) \| Respond to of 11676

TO ALL: Writing is on the wall for this same thing to happen to DML,NAI and CYP.... Labrador report in response to negative drill results Labrador International Mining Ltd LAB Shares issued 10,973,308 Jan 21 close $0.06 Fri 22 Jan 99 News Release Also Curion Ventures Corp (CUV) Also Pallaum Minerals Ltd (PLM) Mr. Eugene Larabie reports The company has received an interim report from Donner Minerals regarding work undertaken on the Labrador Nickel Syndicate (Labrador International Mining 50 per cent, Pallaum Minerals 25 per cent, GlobeNet Resources 25 per cent) Adlatok River 2 property in South Voisey's Bay, Labrador. The report is in response to negative drill results achieved on the LNS Adlatok River 2 property. Geophysical data supplied to Labrador International Mining by the exploration contractor, Donner Minerals, formed the basis for a decision to drill an exploratory hole in December 1998. On Dec. 6, 1998 a drill hole commenced, which was stopped at 200 metres on Dec. 9, 1998. No formation was intercepted which accounted for the anomalous response indicated by the PEM geophysical program. Donner Minerals and its subcontractor, in an effort to explain this inconsistency, undertook to conduct a repeat PEM survey over the drill target. This work revealed that the original PEM survey was flawed, and therefore inaccurate. In response to this report, Labrador International Mining and the LNS partners are planning to meet with Donner Minerals to review the repercussions of this report, and to plan a program for the coming season. The company, in response to the difficult results of the 1998 exploration season in South Voisey's Bay, has determined that the company will proceed with the consolidation of the company shares approved at an extraordinary general meeting held Sept. 25, 1997. This will result in the issuance of one new share for each five presently outstanding shares, and a name change to Royal International Venture Corporation. This reorganization will facilitate the future financing requirements of the company as it continues work in South Voisey's Bay, as well as in the search for further mineral exploration projects of merit. The company has entered into an agreement with Curion Venture, a company with common directors, whereby Curion Venture may acquire a 51 per cent interest in the Labrador International Mining interest in the Adlatok River 1 and Adlatok River 2 properties in South Voisey's Bay. Consideration by Curion Venture is the payment to Labrador International of $25,000 and the expenditure of $500,000 in exploration on the Labrador International properties over the next five years. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

To: VAUGHN who wrote (10263)	1/22/1999 10:57:00 PM
From: Buckey	Read Replies (1) \| Respond to of 11676

Vaughn - as you know I have no problem with anyboby poking holes in a theory a concept, a NR a Hype - I got a lot of input from a lot of folks over the last 24 hours - 2 years ago this would have never happened - This puppy would have been thru the roof - Better for evrybody that it does nopt go way out of whack - I am happy with today - It closed up I really do appreciate you opinion - we have all been burned by the continual BS - I may take a company public - I will be sure to let you know so you can be a rights holder - LOL - we all know only brokers and insiders really make any money.. This is the donner thread and I am Buckey - see my profile for why I am called Buckey - I lost 5 figures on SVB