Twin Mining (formerly Twin-Gold) Message Board

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Gold/Mining/Energy : Twin Mining (formerly Twin-Gold)

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To: Al Collard who wrote (385)	3/27/2002 11:09:39 AM
From: Letmebe Frank	of 613

Thanks Al. I've looked at the NR, and the total grade is .2025 ct/ton, consistent with earlier results. What I liked was that the higher grade pits [1 = .22ct/Ton & 4 =.33 ct/Ton] are closer to the centre of the pipe. Grade may increase with depth as well. It also appears that the diamond distribution is coarse, but I'm waiting for Will to comment on that. Using a cutoff of a 1.18mm grid, the grade drops to .18 ct/Ton. The lack of larger diamonds is an issue. Next step is probably valuation. Value over $US 250/ct would likely be very encouraging. With what appeared to be fancies in the mix, It could go quite a bit higher than that.

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