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Gold/Mining/Energy : TRIVALENCE MINING

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To: Claude Cormier who wrote (461)6/27/2000 12:13:00 AM
From: mick  Read Replies (1) of 527
 
Speculating is always a bit of a muggs game.

I would hazard that 0.3 c/t is a realistic number (we always hope for more !). The question is what are the valuations going to come in at. If we get $ 500 per c, we are away to the races. If we get $ 100, it won't bring much joy.

I suspect they may just want to see what the total number is going to be. If I recall from some of the historical exploration, it isn't unusual to get 20 - 50 c diamonds in the sample which would certainly give a high valuation (I don't recall pinks being mentioned before, so things change).

As far as I know CC, its hurry up and wait. TMI are generally tight lipped about leaking info like this. I think this is an interesting way of doing it myself.

Cheers
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