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Gold/Mining/Energy : Takla Star Resources (A.TKR)
TKR 102.13+3.1%Feb 5 3:59 PM EST
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To: Robert who wrote (10)7/31/1996 12:27:00 PM
From: DON   of 85
 
Dear Robert:I am somewhat disappointed in the results as you have already indicated from the news release from both companies.I am not a geologist and what I have learned is from others, but having 15 years in this business has taught me a number of things ,which I do not think one would learn but through practical experience.Diamond Fields and some other companies have used a very successful method,yet time consuming, called Gravity Based Surveys prior to drilling any targets.Unfortunately,most companies operating in Voisey Bay have just relied on aeromag information to define targets.This is why some of the good exploration companies have not drilled to date because they are conducting these surveys first.It may be more costly in the long term ,but it cuts down the odds of not sinking a drill hole in the wrong place.The work for a number of companies operating in Voisey will continue into next year because of this process.One mutinational company I have been dealing with has stated to me that the key to findinding another deposit in Voisey is the painstaking work of proper field work before drilling .Unfortunately,this has not happened in Voisey,and a number of companies are coming up with poor results because of a quick fix attitude and get a drill in there as quickly as possible.Just thought I would pass along my thoughts,but I do hope these companies are more successful on the next drill hole.Regards:Don
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