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Gold/Mining/Energy : Twin Mining (formerly Twin-Gold) -- Ignore unavailable to you. Want to Upgrade?


To: Letmebe Frank who wrote (153)2/1/2002 10:59:09 PM
From: Letmebe Frank  Read Replies (1) | Respond to of 613
 
Sorry to get in the way of the ego wars... Martin has asked me some good questions I need some help on:

Is Twin Mining a company that will do the actual mining or do they find deposits, take on partner who will do the mining.
I'm getting at "peers". Ashtons peers are Rio Tinto, Kennecott, Debeers, BHP. All the "other" companies need one of these to do the mining.

I do not cosider MAJ,MEO or any of the others, "Peers"

So, in answer to your question if Ashton is overvalued comapred to DeBeers, Kennecott, Rio Tinto, BHP; I don't think so. At least, not yet.

Is TWG an actual mining company or a development company?

martin

Message 16998944

Its clear TWG will need a partner to develop a mine. No idea yet who. Who's financing Ashtons development, and at what cost to shareholders?



To: Letmebe Frank who wrote (153)2/2/2002 12:44:24 PM
From: Hunterbob  Respond to of 613
 
Thanks for the welcome. This SI thread seems to have become more active since I last posted, with a much higher quality of posts than Stockhouse and I only recently checked back here. I've held TWG since the amalgamation 2 weeks pre-Bre-x and bought a bunch more when they found diamonds at Torngat. I see various target prices being posted (including Lovehci's pie-in-the-sky rantings at SH) but I'd be interested to see a serious comment on what realistic targets are , both near and long term, if JI (or Torngat) does prove to be viable for developing a mine.