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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: Bloomfield who wrote (4834)11/26/2006 8:21:49 AM
From: james flannigan   of 16206
 
-B- your are confusing a concept of what GK may look like in production with what you think was a misleading conversation I had with P.Evans.Dr.Vandersane always told me his opinion was that he felt GK may produce a higher cash flow in production that the current PF study suggests.Evans feels that may be the case as well.Concept is the key word.I always ask the question of a CEO, his opinion of a project.Why because he is in a position to know more than I.If I was working on the drill crew and had first hand knowledge of what I was drilling,then I would not have any need to go to the CEO and ask why are we drilling this and what kind of rock is this?In conversation in the past few weeks with Eric F of PGD, I asked what does this thing look like ( D0-27) and were do you feel we may end up when the 06 07 drill program is done.He said we feel we will outline north of 30 million cts and our task is to prove up a stand alone mine at the WO project,and we are trying to prove it "on a war like footing".Can you find fault with that answer? I can't as he did not say "I will tell you we have have a mine".My theory is that about $2 billion dollars are present at the project and I feel we are about to prove up $4 billion,again only a concept at this point. James
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