from a report by Knight capital....I also tried and could not find the report so we'll see if it surfaces soon

"Can't seem to find a copy of the pdf online to link to but it does say: Donner Metals: Entwining Its Fortunes with Xstrata - The company has a top drawer majority partner in Xstrata in development of the Matagami polymetallic mining camp of Quebec.- Early 2013 should see production commence from the already advanced Bracemac- Macleod deposit.- The presence of the Perseverance mill complex nearby is a massive capex saving for the JV partners. - The capex commitment from Donner towards the new mine is now less than $15mn. - The new mine should be a cash bonanza almost from the first day of production, and development of the PD1 mine should follow swiftly on its heels. - Zinc has come in for another period of self-doubt, which only goes to exacerbate any potential future zinc crisis by deferring investment now. - As a junior partner of Xstrata, we believe Donner will be an exciting cash generating play but it needs to get some properties that are exclusively its own to create its own personality for investors."