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


To: WillP who wrote (583)1/9/2002 8:38:27 PM
From: Bruce Robbins  Read Replies (1) | Respond to of 930
 
From what I have heard, the sampling of Jackson Inlet followed a very strict protocol by independent consultants so there is no possibility of tampering. Lakefield is one of the best independent labs in the world and so they qualify as arms-length. I think someone is barking up the wrong tree here. The backlog of samples at Lakefield is the reason for the delay in results from TWG. I am looking forward to seeing more information from this one. I am however curious to know if these kimberlites were worked on before TWG. Is this another one of those areas that somebody is kicking themselves for having overlooked?



To: WillP who wrote (583)1/9/2002 8:51:35 PM
From: jpthoma1  Read Replies (1) | Respond to of 930
 
Nice post WillP,

In fact, diamond exploration by juniors is a very new phenomenon. In the past, de Beers was always present very soon in any play. So salting was a very dangerous game because de Beers was the only buyer for« your stuff». A junior had even no choice, but «invite» de Beers at the table. So everybody wore white gloves and toxedo!!!!!!

But today, a junior can try to sell a project to the market during a very long time before any major step in. It can even refuse to invite a major at the table.

And an experienced man like you knows that anybody can sell anything to the market today( the market including not only the investors, but analysts, brokers, letter's editors, journalists.....). Ask Egizio Bianchini, if you are not sure!!!!

I don't say that this play is a salting story. I am just asking questions relating to certains facts that have troubled me and reminded me of another story.

May be I have read to many times the story of Bre-X. But I do remember that red flags appeared very soon over Busang. But according to the «market», it was impossible to salt such a high number of samples over such a long period of time.

Impossible..... until John, Mike and the gang made a clear demonstration that the market was wrong!!!!!!!!

Regards

JP



To: WillP who wrote (583)1/9/2002 9:27:50 PM
From: geoffb_si  Respond to of 930
 
You can't salt a solid kimberltie core sample by splashing "eau-de-diamant" over the core, I'm afraid.

lololol!

Jackson Inlet will succeed or fail on the diamond content and value at Freightrain, Cargo, or some as yet undiscovered kimberlite. Salting a diamond mine is not a viable possibility, unless the lab is cooking the data in collusion. With Lakefield, you know that's not realistically going to happen.

Well-said.

For now, I lean towards the skeptical camp with JP, although I don't agree with his arguments. My skepticism is more to do with grade and valuation; variables that we won't have a better handle on for several weeks. But, I'm open to have my mind changed...

Geoff



To: WillP who wrote (583)1/10/2002 11:45:09 AM
From: teevee  Respond to of 930
 
Willp,

Freightrain has a healthy diamond size distribution curve.

....and that is why I am watching. Vaughn has made some good points, however, as women have told us, size does matter, especially when it comes to diamonds:-)) I will wait for a bulk sample before I step up. Given the time involved and the many steps, not to mention the money required, there will be opportunities to own TWG if all goes well. Show me the big diamonds:-))The share capitalization is getting up there and the overheads appear high too, but all in, probably no higher than Winspears overhead costs. Both are easily overcome by a good diamond deposit:-))
cheers,
teevee