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Gold/Mining/Energy : Commander Resources Ltd

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To: kidl who wrote (100)10/15/2003 6:16:29 PM
From: VAUGHN  Read Replies (3) of 169
 
Hello kidl

That was an incredibly over the top NR heading - "Spectacular Nickel Grade."

The fact is those intercepts were incredibly narrow and the highest grade of 11% NI was hit on an intercept of less than half what Teck drilled on NAI's SVB claims in 1996. The next closest grade of around 6% was on an equally narrow intercept and the remainder of mostly typical 1% Ni grade were all still on very narrow intercepts of no more than 3m.

If that is what is found at SVB I would have to call it very VERY disappointing. Mines are made with intercepts of 10's of meters at a minimum...

The Pd and Pt grades were nice and would contribute to the bottom line, but they were still very modest and much lower than what PFN has been hitting of late at River Valley and again over very VERY narrow intersections whereas PFN was reporting intercepts of almost 50 meters!

In that remote local, I don't see a great deal of potential yet for DML and believe that SVB holds a great deal more.

Oh, and yes, no complaints about DDN's news or bump today and the fact that CMD owns a good sized chunk should nicely support the share price until we hear SVB results.

Regards

Vaughn
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