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Gold/Mining/Energy : Inco-Voisey Bay Nickel [ T.N.V]
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To: Terry J. Crebs who wrote (766)11/25/1999 9:54:00 AM
From: nickel61  Read Replies (1) of 1615
 
If I understand this correctly the new E-W feeder zone comes into the suture(which I assume is the point where the two geological plates intersect)and therefore there is a possility that there were other depressions that collected the molten material in ancient times and formed other structures similar to the Ovoids bowl like form? Is this roughly correct?Are the Western Extension and the Eastern Deeps then the ancient feeder zones frozen in place millions of years ago?
Did Diamond Fields ever complete the delineation of the Ovoid or was part of that left to be completed by Inco? It seems to me that there was an estimate of about 38 million tonnes of reserves that for a brief period was talked about by Inco than as the political p##sing contest got more heated their position returned to the origional 32 million tonnes only. I also am somewhat unclear about the safety of the profit claim of the VBN shares from being shafted so to speak by the accounting of the profitabilty on the Voisey Bay production. I've read most of the documentation but the legal terms still seem to be vague enough that a lot of dependence for the VBN shareholders seems to rest in the two directors on the Inco board. Any comments or insights?
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