jp, "I love TWG. ... I just don't trust the way the prez is running it..."
Sounds like an approach-avoidence conflict. Business sense should tell you to stear clear. So, what is that you love about this company? You bash Freightrain, you bash Torngat. Just what do you find attractive about the stock?" BTW, didn't they teach you business school never to fall in love with a company?
"Yes I am. Laval University, 1974. MBA too. It's in my profile."
One can say anything while hiding behind an Internet alias. I could say I have a business degree and studied geology at the University of Oklahoma. If the statement is true, I might have confess for the forums benefit that OU is oriented toward the petroleum industry and not economic mineralogy. Gee, I could even say I'm a geophysicist and I work for SRI (formerly known as Stanford Research Institute), and NASA-Ames, but that would be about moon rocks and such, not diamond mining.
"Don't know. Have not been in SA. Have you seen SA dykes?"
A convenient out. So, how can you bash Torngat when you appear to not have the knowledge or experience to understand fissure/dyke systems. What's your specialty in geology anyway, paleo pollens?
"But I have been in Ungava and know prospectors that have seen TWG dykes, not only on top of the clift, but at the bottom, in the fjord."
So what's wrong with them precisely?
"I did compare the situation to Raglan's one because everybody in Canada knows that Raglan was one of the richest Nickel/Copper/PGM deposit in the world and it stayed there, undevelopped for nearly 30 years, because cost were too high and technology unavailable. Is the Torngat prospect the richest in the world?"
Apples and oranges, again. Are you suggesting all exploration work cease at Torngat because Falconbrige can't make a nickel mine? BTW, isn't it true that diamond mining is very much cheaper than mining polymetallics, even high grade onces?
"But since you dont like my example, let's take yours. So you want to exploit a 1.45 metre wide (average width according to TWG 2000 annual report, page 5), 50 metres deep, 42 km long dyke using low cost open pit mining."
With your experience you should understand that mining a fissure system is not very similar to strip mining, as one thinks of it. Maybe you'd better do some reading.
"First, let's calculate how large will be the pit,..."
A pit is not required, except, perhaps at blows.
"Oh yes, what's the grade of this marvellous deposit:...".
Don't know yet, do you?
"How large was the biggest diamond found in the Torngat?"
About 2/3 carat, I think, why? Should they stop looking?
"Do you want we try with underground mining? I'l give you a tip: at Raglan, mining costs are $2.00 a pound of nickel (taking into accounts credits for copper and PGM)."
Get real. Underground is not required in the initial exploitation phases of fissure mining unless the dyke is buried. A sill at surface would be nice, though wouldn't it. To bad that's not the case. How does nickel at $2 pound compare to diamond mining? Are you seriously suggesting that mining diamonds at Torngat would cost $2.00 per pound because that's what Falconbridge is facing for Ragal? Oh, my!
"Now, do you understand what I mean by <<dreaming>>?"
No!
"You should care because the same man is spending our money, having the same kind of dreams at JI."
FIWI, HD has my permission to spend my money in any way he sees fit to advance whichever project he feels has a better chance of making a mine.
"...I hate him until he looses his job. They call that «active shareholders». Insiders hate us as hypers do too."
Wow! You certainly pepper your posts with lots of emotionally unhealthy negatives. One marvels at why you would "hate" so much, but still claim to be a shareholder? Wouldn't you be more comfortable with your money in some other stock - Ashton, for example, then would would not have to carry around such distracting feelings. Oh, but I forgot, you actually "love" Twin Mining, just not the CEO, or any of the company projects.
Maybe you need to take emotion out of your investing program and stick with those things that don't provoke you. That would be better for your pocket book and your health.
Speaking of health, time for a toddy.
Cheers.
VP |
