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Microcap & Penny Stocks : IDCN reference thread

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To: Sojourner Smith who wrote ()8/23/1998 10:32:00 AM
From: Sojourner Smith   of 11
 
Conversation with Doug:
I just finished talking on the phone was a former head
of the Prospectors Association of Nova Scotia.
The Issacs Harbour site is owned by the Crown.
The man I talked was named 'Doug' - I won't say more
because again I don't think it fair for these guys to get a bunch of
calls at home. You will know his full name I assure you in 2
weeks. Jeffrey will be meeting with him beginning the Labor Day
weekend.

Doug 's family has had the lease in his family for over 40 years
and I am not sure how it works but the lease went from him to
Prodigy and the Indocan.
He has been in charge of the testing for IDCN. 4 holes were drilled
1000 feet deep and the gold is of high grade.
A vein has been found that is 9 inches wide.
The testing method at TUNS is the best there is. He says investors have been coming to TUNS to find out what's going on.
TUNS can not release that information, only IDCN.

Everyone by now knows I am not a mining expert,
so Doug had my head spinning with tech talk.
I told him to repeat things but I finally gave up.
This the problem with dd, it is it hard to be knowledgeable
enough in everything or anything.

But I did get these points that might help a little:
He said there were 28 samples that were sent to TUNS
from 4 holes down to 1000 feet. The results were
all good to exceptional. He said there are many
operational mines with much less quality.
The ore is considered high grade.
He gave lots more numbers, but I can wait till the
report comes out. If everyone insists on more
someone like Claude Cormier could call him.
I trust Cluades judgement from the posts I have read.
However, I am sold already. LOL
Doug pulled up a ton or so while getting the samples
and one can see gold throughout.
I hate say more, my note are a mess and don't
want to make a mistake.

Now for the other mines.
The Raglan mine is in Raglan Township.
Follow highway 28 east out of Bancroft Ontario.
Bancroft is northeast of Toronto.
He was not able to comment on that mine,
but he did do some work at the garnet mine
east of Sudbury. He said the garnet were
softball sized industrial grade. He said that
the deal with the Italian company is complete,
but he said the deals were not his area. He compared
the site to the Emery mine in upstate N.Y.
They make sandpaper. He did say it is not
a really large site, and I disappointed when
Coolbreeze found out the profit picture is low with garnet.
I asked about finding rubies there. Doug said it is
possible, but he was not too optimistic.

Doug was extremely knowledgeable and helpful.
Doug, Henry (the prospector), and the librarian
in Toronto were all very nice.
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