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

To: Valuepro who wrote (595)	1/10/2002 8:59:59 PM
From: jpthoma1	Read Replies (1) \| Respond to of 930

Hi valuepro, Here are a few comments about the dykes: 1) This is from TWG 2000 annual report, page 5: At TORNGAT the most continuous and widest dyke system observed to date averages 1.45 m in width over a strike length of more than 23 km. 1.45m * 39 inches = 56.5 inches / 12 = 4.71 feet (sorry for the 2.5 inches missing) ;o)) 2) This is from my SH comment: They spent many millions of dollars (25% of that amount just for the salary of the prez!!!!!) on a small 5 feet thick dyke. Sorry, I was 3 inches longer!! ;o)) 3) If you have a chance to go in the Torngat area, have a look at the thickness of the dyke at the base of the cliff in the Abloviak Fjiord. How deep was TWG drilling? 4) Yes these dykes are usually thin and may be mineable elsewhere, but cost of mining them is a «little» different in the Ungava. Ask Falconbridge's workers at Raglan. 5) These dykes were also sampled on others properties. Surprisingly, nothing interesting was found. No more work is now done in this area by any other company right now. As far as the management is concerned, please try to find another junior canadian exploration company paying a quarter of a million dollars for the salary of it's president and adding tons of options over that «base salary», in these difficult times! Regards JP