SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Twin Mining (formerly Twin-Gold)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: russet who wrote (160)2/2/2002 10:36:47 PM
From: Letmebe Frank  Read Replies (1) of 613
 
Hello Russett, other peers...
Thanks for the great news, any links?

Rumors are that Rio Tinto and De Beers are very interested in the exploration of Jackson Inlet.

Nice rumor. I would be too given whats public knowledge.

Rio Tinto staking land all around the Jackson Inlet properties

I thought Kennecott had it locked up??

De Beers people wining and dining the TWG people

Hmmm, perhaps talking partnership?

{will} TWG {be} worth a lot more than it is right now?

Compare ABZ to TWG. Take the respective market caps, apply the multiple to TWG, and there you may have TWG's price in 5 years.

The people who have the expertise to do that don't come cheap either.

You have to give up part of the resource, don't we? Lets see what the pie is (1 year?) then see whats left for us.

I thought Winspear would mine their dyke,...they had the people in place, and seemed to have the financial backing to get the job done, but they backed off the project and sold to De Beers for a fraction of what the NAV of the project was calculated at.

We still are guessing/hoping at the NAV of VI discoveries. Lots of room for optimism.

We will have to see how things unfold.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext