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Gold/Mining/Energy : Twin Mining (formerly Twin-Gold)
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To: Valuepro who wrote (197)2/5/2002 7:15:57 PM
From: jpthoma1  Read Replies (2) of 613
 
Valuepro, an experienced investor like you should beware of Hermann's comments, specially those targetting journalists or investors.

Here are some of Hermann's quotation in the 1999 Annuel report:

The Company’s objective is to become the first diamond producer in Eastern Canada. The Company’s objective is based both on the significant number of diamonds recovered so far and very encouraging numbers of stones per kilogram of kimberlite (two per kg) sampled, as well as the percentage of macros in analysed samples in the range of 20%. The Company believes that these results are comparable with significant discoveries elsewhere in Canada. The predominant high quality of white and transparent stones found at this early stage allows us toforge ahead with optimism in the rapid development of this large diamondiferous kimberlite discovery.The geographic location of the diamondiferous kimberlite dykes on fjord walls, the over 1000 foot vertical exposure of the fjord walls and the resulting ability to rely upon gravity transport for the first 1000 feet of the mined kimberlite, together with the deep water access to the property, lead us to anticipate low production costs.

During 2000, the Company intends to advance the TORNGAT Property towards the pre-feasibility stage.

Hermann Derbuch, P.Eng. (signed)

We are now Feb 5, 2002 and the first east-canadian producer may be Ashton, not TWG!!!!!

JP
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