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Gold/Mining/Energy : Mongolia Gold Resources -- Ignore unavailable to you. Want to Upgrade?

To: d:oug who wrote (3953)	2/9/2000 10:27:00 AM
From: Dave R. Webb	Read Replies (1) \| Respond to of 4066

The short answers to Doug AK> Dave, please copy this post and edit onto it any comments. NEW YORK, SPOT PRICE, Feb 02 2000, 14:29 New York Time SILVER, 5.17 5.19 PLATINUM 493 497 PALLADIUM 497 502 RHODIUM 1,550 1,690 Diamonds ? ? I have not reread whats on the latest news releases obtained from the MGR company web page, so I will ask questions without using that information so that in a general non technical manner questions can be addressed rather than given specific answers needing an understanding of you field. Please respond only to that area in NWT Canada and not Mongolia. Question: Which of the following are you searching or testing for. SILVER <<< Terra Silver Mine Property PLATINUM <<<Reviewing proposals PALLADIUM <<<Advanced stage, review of proposals RHODIUM <<<<watching Diamonds <<<<Reviewing proposals Gold <<<<Advanced stage, review of proposals; Russell Lake Question: Yesterday on TV PBS Nova was a program about man made diamonds of quality to equal gems. Mentioned was a company named Gemesis that seems to have it accomplished. Know of this ? <<<<We have been able to make diamonds since the 1950's, some gem quality. The cost has been fairly high. I have not followed this recent development regarding Gemesis. Question: Could you please list one or more silver companies that currently have either promising, or existing but not yet mining, silver land holdings that currently are waiting for the price of silver to increase in the same way as we are waiting for the price of gold to increase. If my memory is correct, we TDC as noted in your prior release, have a connection to a silver mine. If so, could you please name the other company involved. But besides that, with you directly in the action of this mining stuff for silver would you please mention any companies in the situation I mentione above that are in "wait" for price of silver to increase, and currently a share value in their company is low as in under one dollar. Thanks. <<<I wouldn't want to publish anything that a regulator might view as being a recommendation. I'm sorry, but I won't go there. Thanks for your reply to Phil. <<An increasingly positive mood could be detected. ... from the previous year's conventions.>> <<Palladium plays and diamonds took the stage...>> <<... but VMS and gold projects saw some mention.>> I forget, VMS = ???. <<<< VMS = volcanogenic massive sulphide. A class of deposits formed contemporaneously with volcanic activity and generally though to form through the deposition of metal rich fluids on a sea floor. Often polymetalic, they contain varying proportions of copper lead zinc silver and gold plus may contain high concentrations of other metals. <<... what's available has improved substantially, and the remaining players have fairly realistic desires. I had one NWT diamond project presented that had some nice looking till samples, intriguing geophysical targets, and good neighbours (diamondiferous kimberlites). The vendor said originally he had wanted a lot, but was now resigned that the best offer (lunch at McDonalds) might be the only offer.>> till = ??? <<<<Who really knows. Soon was the feeling. <<See you at the PDAC...over 1 billion McDeposits served.>> PDAC = ??? <<<<PDAC = Prospectors and Developers Association Convention. This year held in conjunction with the Canadian Institute of Mining and Metallurgy. The largest gathering of mineral exploration people in the world. Toronto, Canada, March 5 to 10, 2000. One last question/comment about just above, <<what's available>> as in, is TDC "available" as in needs investment money based on the results you can present, or is TDC, thru you Dave Webb, looking to "add" to TDC ? <<<<Lots of mineral properties, prospects, concepts etc are discussed whenever two or more geologists gather. Some require cash, other companies. The diamond property in particular is owned by an individual I have known for nearly 15 years, and was being presented to several groups, TDC included. This is a fairly common occurence (properties being presented). One needs to read the property, the vendor, and have the means to do something about it. Sometimes these are merely redirected to another acquaintance for "future considerations". The mining business is a close knit community that lives and breaths on these meetings and discussions. Not knowing whats what, but to "add" to TDC thru your insight sounds like a "plan" to expand and grow TDC.