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Gold/Mining/Energy : Canadian Diamond Play Cafi
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To: E. Charters who wrote (718)3/8/2003 2:25:52 AM
From: VAUGHN  Read Replies (1) of 16207
 
Hello Eric

DDN's site is over 100km inland with no deep sea port nearby, a very narrow ice free window at Cambridge Bay and extremely changeable and treacherous weather including quite a bit of wind driven snow.

JI is only a few km from a deep sea port with a much longer ice free window, shipping almost directly to the Port of Montreal through an open channel with more predictable weather and very little snowfall by comparison.

I live up here Eric and have visited both site areas over the years on numerous occasions. In addition, I have many friends who live near by and who travel the areas frequently. Believe me when I tell you that VI is a much trickier area to access on a predictable long window basis.

As for the amount of drilling, I am under the impression from NR's that DDN has done a great deal more (not counting the Freight Train Pipe).

Regardless, I am happy to hear that you believe the President of TWG is honest and sincere as that is the first time I have heard that from anyone who has met him.

That is reassuring.

Despite that, TWG is missing a very opportune window to put their alternative target drill results in from of a receptive market and need a much more insightful and timely marketing effort than what has been displayed to date.

Anyway, I am looking forward to reading your feedback on the PDA and firms we discussed and want to thank you again for your offer.

Regards

Vaughn
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