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Gold/Mining/Energy : Twin Mining (formerly Twin-Gold)
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To: Letmebe Frank who wrote (153)2/1/2002 10:59:09 PM
From: Letmebe Frank  Read Replies (1) of 613
 
Sorry to get in the way of the ego wars... Martin has asked me some good questions I need some help on:

Is Twin Mining a company that will do the actual mining or do they find deposits, take on partner who will do the mining.
I'm getting at "peers". Ashtons peers are Rio Tinto, Kennecott, Debeers, BHP. All the "other" companies need one of these to do the mining.

I do not cosider MAJ,MEO or any of the others, "Peers"

So, in answer to your question if Ashton is overvalued comapred to DeBeers, Kennecott, Rio Tinto, BHP; I don't think so. At least, not yet.

Is TWG an actual mining company or a development company?

martin
Message 16998944

Its clear TWG will need a partner to develop a mine. No idea yet who. Who's financing Ashtons development, and at what cost to shareholders?
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