Hello Bill
So watching it creep up got the better of you did it? Well, I hope and trust you will not regret it.
For what its worth, I sat down with the top DIAND diamond geologist John Oliver this afternoon regarding TWG's published technical data, geotherm, geologic setting, erosion, micro/macros, macro ranges, geochemistry, exploration history, etc., and he had absolutely nothing negative to say. NOTHING!
He is making a presentation at Vancouver's Roundup next week so if you're there why not talk to him. His presentation include Coronation Gulf but also covers Victoria Island and Somerset/Brodeur geology/data. Nothing on JI unfortunately as TWG has not made any information available yet.
I outlined some gaps in the published technical data that I had been trying to get clarified by management and he agreed that provision of that information would clarify matters further and provide insights into potential and geological setting, however, bottom line... nothing he said set off ANY red flags whatsoever... and he knows what he's talking about. He is the author of numerous papers that I've posted and that can be found on the Internet and his co-authors are also all highly respected experts in the field.
I asked TWG why they are not on the schedule to make any presentations as either Vancouver's Roundup next week or at the PDAC and I have not heard back in that regard. JO had apparently asked them to present at YK's Geoscience Forum last fall but for what ever reason they declined.
When I spoke to RW, TWG's IR person she made a lot of sounds about being very concerned about giving out information that competitors could use. I don't understand why since TWG's claims are secured, but that may explain why they are not doing these presentations.
Very unfortunate however, as its at such presentations that geoscientists, technical investors and newsletter writers gain as sense of a plays potential. In my view these are major... MAJOR lost promotional opportunities!
I don't get the sense that RD appreciates this aspect of the promotional business and in that respect, I would encourage all shareholders to e-mail or call Herman Derbuch and lobby him to get the word out by making a presentation at PDAC. Better yet, ask him to have Lakefield laboratory data there for analysis or even an geological abstract presentation by a geologist.
I believe the biggest anchor on TWG's stock price is the fact that Somerset Island/Brodeur Peninsula kimbrlites have been known about for more than 30 years but none up until now have been proven exciting. The market knows DeBeers couldn't find anything nor Cominco so it wonders how could Helix/TWG? That disbelief has to be dispelled. Of course the best way to do that is with Lakefield's lab results, but presenting those findings to the public and to geoscientists would establish legitimacy in the market's eyes.
The market is much more sophisticated than it used to be and simply chit chatting in generalities and/or terms like micro/macro counts is not enough for informed investors.
So now that you're on board Bill, call HD and tell him to protect your investment (and make it grow).
By the by, I don't have a clue by what you mean by MACD, OBV, MA's. It's the OBV that is impressive.
Please explain?
Regards
Vaughn |
