NWT Diamond Stocks for 1999 Message Board

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Gold/Mining/Energy : NWT Diamond Stocks for 1999

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To: Rocket Red who wrote (44)	2/15/1999 9:54:00 AM
From: Andrew	Read Replies (1) of 62

GMD is interesting as far as the Royce claims. My concern is lack of cash for drilling. I dont believe they have made a commitment to drill yet this year. That farrel fiasco sure wrecked this one. Might be a good one if you have time and a little patience. My concerns with MPV and GGL are the Debeers involvement. Yes the expertise is there but they like to slow track development. You would think however that GGL property must host a pipe or two since they are so close to they MPV pipes. I was wondering why this area close to the border has not been drilled as I dont believe it has considering the cluster effect of pipes. The other concern with MPV is the valuations. How economic are their pipes? I think two of them are questionable and the best one though big is still fairly low grade in value per ton. There will probably be more pipes however well see. Andy

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