Sorry Artie
When I read your "didn't pass the sniff test," and when you wrote "FT was dead" I got the impression that you were suggesting the pipe was uneconomic or worse, that you were implying there had been some game playing.
I am truly sorry to hear of your depreciation. However, I wouldn't fault TWG for trying to find an economic deposit at Torngate and failing to do so. That is the nature of exploration.
I should qualify my statement to "would confidently compare what TWG has and reported" and add, "at Jackson Inlet."
I followed TWG when it trumpeted Torngate, but did not invest. I do not believe gambling on a dike proving economic offers a big enough potential pay off to offset the risk of speculating in diamond plays.
My interest in TWG only turned into an investment (gamble) when I concluded they had multiple, very large, potentially economic pipes.
There is of course no guarantee, but I am personally quite optimistic that JI will not only prove economic, but has the potential to be much, much more.
In short, and this is just an opinion, I believe you have a reasonably good chance of seeing your gamble pay off. Perhaps, not as a result of the play motivating your original investment, but a fortuitous conclusion none the less.
Good luck.
Vaughn
P.S. No need to appologise, I understand and took no offense.
Keep well (and your chin up)
Regards
Vaughn |
