So why Emerita.............???I consider myself to be a friend of David Patterson. Many of you will know he and the Donner Metals team had their Hearts and a few other sensitive organs passet to them by GLENCORE Xstrata.
This group took a piece of prospective property, after winning a spot on the team with Falconbridge. Within a few months they had delineated a MINE. Xstrata took over Falconbridge............things were fine, everyone seemed to be onside and happy to be developing a MINE.
David Patterson raised something like 60 ish million bucks in one of the toughest market conditions ever. In doing this the inevitable dillutiion took place and the share price never got untracked.
Within months of going into production GLENCORE and Xstrata got together...................that is when things started to change. GLENCORE had Donner over a barrel. A contract is a contract mentality. Donner had to come up with approx 4 million per month to stay in a semi rigged game. Donner held their heads up and walked away.
So here I am after dropping over 50 K. I am here to pass on info, share what I find and hear. My desire is to make money, share a little wisdom and have some fun.
oldsock