Donner will surviveLots of questionable posts here suggesting Donner wont make it thru the next few months due to the cash calls from Xstrata/Glencore. Not the feeling I got from my conversation with the pres. Revenues will start coming in very soon, and altho higher zinc prices would help, DON will survive.
I do think they will make some deals with G/X in the next while concerning the other properties abutting Bracemac Macleod that Donner owns the bigger part of, perhaps going to a 30- 70% split on all of them, and thereby reducing the expenditures for Donner.
With a rebound in metals pricing, DON could easily be a 5 bagger from here, and it is a shame they have had to dilute so much to make these cash calls. However it appears the winners will be those in on this .05 PP , considering the warrants they will get.