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Gold/Mining/Energy : BET YOUR ASSAY - Mining Terms Explained

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To: 1king who wrote (368)3/25/1998 1:39:00 PM
From: Terry J. Crebs  Read Replies (1) of 463
 
Not very nice, Mr. King.

Dag-burnit, I now have to respond to an "insinuation" that "some GP" could have engaged in illegal and unethical activities for personal profit. All posters should be cogniscent of U.S. SEC (and maybe Libel) codes.

My DFR stock options were not awarded/recorded until May/June-95. Other than those shares, I never "bought" any DFR stock at any time. To imply DFR's 3-April-95 press announcement (i.e., when Zorba was noted AND an airborne-EM/Mag response extended almost 7-km west from the Ovoid) was "insider" manipulation is not nice. I never purchase client stocks by any method other than the exercise of a stock option; I believe it is unethical (as well as illegal under US-SEC-codes) for me to do so.

I made no appearances (or presentations) at any DFR shareholder meeting, ever. I don't recall ever calling Zorba "the next Ovoid". Ryan's Map #90-44 (1:500,000-scale geological) shows Zorba's magnetic-conductors at/near the contact of Makhavinekh Lake granite and Bird Lake massif-anorthosite--according to the map's legend, neither unit contains graphitic nodules.

Hey dude, remember DDH-37 (13+00E;2+00E) and DDH-40 (13+00E;2+50E)?? These vertical holes intercepted over 35 meters of massive sulfide Ovoid ore beneath the easternmost "orignal" Maxmin Line 13+00E--me thinks you forgot my original Maxmin report dated 17-Nov-94, ha, ha. I used BOTH the Maxmin and Mag to spot DDH-7 in my report to DFR and Archean dated 12-Jan-95; but, you're right that the esteemed St. John's wizard only looked at the Maxmin.

FYI, DFR also contracted an Arkansas-based "geoconsultant" (besides me and the very expensive St. John's geophysicist) to interpret and 2D-model the origianl VB ground magnetics during the DDH-6 fiasco; his 41-page report (dated 17-Jan-95) generally concurs with my Maxmin interpretation, but "Arkansas" recommended drilling DDH-7 at 14+50E;2+50S on the contoured crest of the magnetic high. He also predicted a depth-to-top of magnetic unit of 15 meters which was a bit shallower than my prediction. Because DFR never received his report until after DDH-7 commenced, I think his report and recommendtions were ignored by most of us--I didn't get a copy of Arkansas's report until July-95--betcha "someone" forgot it too in the 1995 assessment report <grin>.

I think the history and "myths" about the discovery holes are indeed illustrative. Yeah, it's very true this geezer-wizard is a GD'ed "prima donna", ha, ha.

Regards, T.
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