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Gold/Mining/Energy : A CANADIAN DIAMOND HUNT -- Ignore unavailable to you. Want to Upgrade?


To: jpthoma1 who wrote (575)1/9/2002 7:27:40 PM
From: WillP  Respond to of 930
 
To WillP:

I don't attack reputation of DTNV. I just say that according to Norm 43-101, an independant report is preferable.


It ultimately will be preferable, but there can be no serious dollar evaluation of the diamonds at this stage.

Even if DTNV has disclosed its interest, it's a report made by a non arm's length company and must be appreciated in this context.

I am quite sure that Diamond Trading NV disclosed its interest, but it was actually Mr. Derbuch's Twin Mining that disclosed that little tidbit of information.

An experienced man like you surely know to appreciate («interpréter» in french!) anything said or wrote by an important shareholders or insider of a company.

As an avid researcher, I am sure you ran across this paragraph in my last article on Twin Mining:

"Although the grade at Freightrain seemed modest, the pipe has the potential to contain valuable diamonds. Mr. Derbuch and Twin Mining has been touting the high quality of the company's diamonds to all that would listen for some time now, and that belief was apparently supported by an evaluation completed several months ago by Antwerp-based Diamond Trading N.V., which just happens to now be a minority shareholder of Twin Mining. Although the opinion may not be an independent one, Diamond Trading's glowing description of the tiny parcel of Freightrain diamonds has been supported by the anecdotal evidence of others who have seen the stones, and by Lakefield Research, which processed the samples. "

Note the last paragraph. I'll have a bit more to say on this shortly.

Hope this helps,

WillP