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Gold/Mining/Energy : VOISEY BAY'S FIND - A NEW DISCOVERY

CME 283.57

+1.4%

Nov 13 3:59 PM EST

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To: Supervalue who wrote (58)	7/26/1997 11:38:00 PM
From: Terry J. Crebs	of 481

Hey William, Good to see you've learned to appreciate troctolite BUT layered troctolite is really not very prospective IMHO--we (DFR) drilled a lot of barren massive sulfides in the layered trocts at Kiglapait and Hettasch Intrusions (DFR now INCO Blocks 3 and 4). I think that's why NDT's grades are so pitiful (0.16% Ni is not at all interesting or anomalous as the non-layered "barren" Reid Brook Troctolite at my Ovoid runs almost 0.5% with no sulfides at all). NDT is using one of my good geophysical friends (i.e., from COLORADO of course) to acquire and interpret the MT over their Block 61--but so far their "breathless" announcements of layered troctolite and very scimpy grades are more humorous than economic IMHO <grin>. But Good Luck, T.

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