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

To: russet who wrote (156)	2/1/2002 11:01:40 PM
From: Letmebe Frank	Read Replies (1) \| Respond to of 613

Hey there Russett - I will go a bit over Will Purcells guess of 5 carats, and say 5.1 carats. I may as well guess that there will be 10 stones over 1 carat.

To: russet who wrote (156)	2/2/2002 4:03:43 PM
From: Valuepro	Read Replies (1) \| Respond to of 613

russett, thanks for the reply. I'm not sure I fully agree, however, but let's take a look. "They have lots of cash to get the job done, and quickly if need be." That doesn't mean they want to spend the money to do so. Frankly, I would do the same thing. Put all projects but the best bet on the back burner to conserve cash and advance the most promising program. But then, my background is in business, not in economic mineralogy. SouthernEra did this with their Messina PGM project, the cash flow from which will be used to advance projects put on hold. "As far as frost boil,...these pipes are millions of years old,...why do we care about the recent past and frost boil,...let's discuss the temperature or tropical climates they used to be in." Huh? I thought I clearly stated the 250 (dry) tonne mimi bulk sample was from hard rock BELOW the frostboil. As to exposure to tropical climates, not sure I understand how that relates to hard rock, or how it makes these pipes that much different from others now in artic or near arctic climes. "Hey, we still have a 1 in 100 chance of getting a diamond mine here, at best" O.k., I'll accept that as your opinion. I disagree by a wide margin, but that's my opinion. I would guess my opinion would also be the opinion of John Kaiser based on his report, The Diamond Exploration Cycle. In the case of the Freightrain pipe, we have diamonds, we have them in commercial sizes, we have them in commericial clarity, we have them in commercial color(s), and we have them in commercial shapes. The only remaining question is grade. Here, too, we have some suggestion that this grade may prove commercial having already shown 20 cht, a grade similar to some other producing pipes in the world today (which is not to say 20 cht will make a mine in this case). By Kaiser's chart, we are between 1 chance in 10, and 1 chance in 4 of making a mine. Should the next report be as I expect, we advance to the next stage on the chart which takes the odds to 1 chance in 2. "...but I like to sleep at night so let's talk about any negatives that may be lurking out there in Jackson Inlet land." Again, I'm not sure I understand you. It's natural to balance one's perspective BEFORE placing one's bets, so sleeping at night should not be an issue. Wanting balance on a discussion forum is another matter. However, many of us who've been around these board for any length of time are fully aware of those who call themsleves shareholders and who are really bashers in disguise. So, while balance is good, ANYTHING appearing on these forums must be looked upon with an jaundiced eye. In fact, I recently participated in a formal investigation uncovering a poster on another Web site who worked for a competitor of the subject company. His persona on the forum was one of a someone who held this company's stock "from time to time." Yet all his postings were negatives, leaning toward negatives, slanted questions without answers, and biased observations about the company financials. He was caught, BTW, because he refused to believe there is no privacy on the Internet. Anyone can be found once their ISP number is indentified. Any Web site is capable of that and this guy was traced. Not to go one too long about this, but suspicions were aroused because this guy knew too much. He obviously had access to news and legal matters that would only be available to someone very close to the story behind both companies. "Let's hold a contest,...what is the biggest diamond TWG will find in the bulk." A little confusing as I thought you were complaining about hype. Looks to me as if this might be something that could contribute to that. I will offer an expectation of mine, though. That is, the report due this month will show a grade of better than 20 cht. Cheers, VP