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

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To: Valuepro who wrote (22)1/11/2002 10:24:34 PM
From: VAUGHN  Read Replies (1) of 613
 
Hello Valuepro

Actually, I had looked at that when I was doing a lot of my DD about a month or so ago. However, when I found several papers on the sea floor spreading/rifting that occurred between Baffin and Greenland in the not too distant past combined with the level of glacial erosion Greenland has experienced, they reaffirmed my lack of enthusiasm for Greenland's big pipe potential.

Greenland looks to be dyke country and I just don't see the market rewarding dyke discoveries the way it rewards pipes, especially when you have big pipes such as exist at JI. Its elephants vs ants...

Since we're risking our money ""BIG TIME"" on all of these mining juniors, I take the view that if I am going to risk falling off and losing everything, I damn well better chose a really big elephant to try to ride.

If its a winner, then the risk is rewarded. If a dyke is a winner, you might see $5 (Snap) which was an exceptionally high value dyke. How often does that happen?

When I have done all my homework and looked at all the different numbers, I make a decision on where the risk is the lowest for the greatest potential reward.

I don't think that is GreenLand (or Torngate for that matter) and I am sorry, but I also don't believe it is at Klipspringer either.

Keep well.

Regards

Vaughn

P.S. Not sure if the folks here know that there has been some considerable TWG chatting going on at the "A Canadian Diamond Rush" thread. More folks to see TWG's data over there.

Hello LetmebeFrank

P.S.S. Those charts are incredible, I had no idea there was so much data on juniors. Is it really applicable though to plays this small and with so little volume? I would have thought this sort of thing would have more relevance with DOW & Nazdaq stocks.
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