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Gold/Mining/Energy : Manhattan Minerals (MAN.T)

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To: Elizabeth Andrews who wrote (2948)7/9/1999 11:23:00 AM
From: Claude Cormier  Read Replies (1) of 4504
 
Elizabeth,

<<But, in your due diligence don't you routinely go and inspect the drill core of company's you invest in and recommend? >>

No more than you do when you bring forward everything that could go wrong in a mining play but leave behind all the positives.

>>What if exfoliation exists in the host (hanging wall), pyritic or not, which could result in spalling and severe mining problems? Wouldn't this be obvious whilst inspecting the drill core as the rock pressure is thereby released? >>

Can you mention to me a few VMS deposits where chemical or physical forces have caused this exfoliation problem on a scale large enough to be a show stopper in term of mine development. I am not aware of any but, again, I have nothing against adding to my knowledge.

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