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Strategies & Market Trends : Winter in the Great White North

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To: Letmebe Frank who wrote (2977)9/12/2002 1:55:27 AM
From: E. Charters   of 8273
 
Twin Gold is an interesting sleeper. It appears that they have a very far north, but very good diamond property. What is holding them back is the strange Canadian diamond bias. Lots of companies in diamonds and lots of companies finding diamonds, like Band Ore, MPV, and TWG, but few getting any real excitement. The old guard (assholes) always whispered anti-diamond ... Even the Diamet discovery was poo-pooed. "The Australians are backing it.. its CRA/ BHP buying the stock.." as if that was a drawback..

The spectre of the futility of getting into diamond plays and bidding them up because DeBeers controls world trade.. has been oversold the gullible Canadian investor for far too long. Wakie Wakie Canada, there is real money in diamonds.. real money..

BTW, I see Hugo Dummet died in a car accident in SA. They should do an autopsy. He was one of the people instrumental in getting diamonds off the ground in Canada by backing Fipke in his grassroots exploration program. I spoke to him at the PDA at the Ivanhoe reception and he said he was interested in getting something going in gold in Canada at the time.

EC<:-}

EC<:-}
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