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

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To: Jordan Levitt who wrote (417)4/3/2002 11:02:39 PM
From: russet  Read Replies (1) of 613
 
FWIW, Herman said at the meeting today that they cannot talk about valuation of the stones until they have processed 2,000 carats.

You say you are a stock broker and an MBA so you must have a good brain. Do you really believe him?

My guess is he doesn't want to value what he has, because he knows the package would generate a chitty valuation. Just a guess! He is about to go to market with more paper to fund this years exploration, and needs to present the best dream for the market to support his share price to minimize dilution. The last thing he needs now is to publish a chitty valuation for the few diamonds found in the Freightrain pipe.

Please tell us which brokerage firm you work for.
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