Michael Giordano
Donner Metals Ltd.
SFX-X
HOLD
Aug 14, 2013
Have a joint venture base metal project in Québec with Xtrata (?) which is in production. Economics are not good enough for them to generate sufficient cash flow to meet payments. We either need a pickup base metal or some sort of sweet deal from Xtrata with a takeover.
Rodney Dangerfield of junior resource stocks. Never seen a company with such great drill results, super major partner, located in a great province but sells for pennies. Very speculative.
Primary asset is a zinc development play in Quebec in a joint venture with Xstrata. Recently made an arrangement with Sandstorm giving them financing. Targeted to come into production in 2013. If you have a 2 year timeline until production, this is a good play.
Fully funded to production. Risk free in term of they are going into production. Northern Ontario, Zinc. Sees upside. Market is being crewel to juniors at this time. Should be very attractive to investors.
Zinc property and joint venture with Extratta. He thinks Zinc prices will be stable or higher and would be buying it at these prices. Safe jurisdiction in Quebec.
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Have a joint venture base metal project in Québec with Xtrata (?) which is in production. Economics are not good enough for them to generate sufficient cash flow to meet payments. We either need a pickup base metal or some sort of sweet deal from Xtrata with a takeover.