To: Letmebe Frank who wrote (279 ) 2/17/2002 10:40:23 PM From: russet Read Replies (1) | Respond to of 613 I hope they give us a lot more guesses,...and some interesting information to challenge our assumptions as they defend themselves. That is the power these threads give us. The more well defended opinions we have, the better off we all are. Haven't picked up any more,...have my freebies, but think the odds are still stacked considerably against us. You are smart to value WillP's comments,...the guy makes incredible contortions to stay right in the middle, despite what Vaughn tries to do to bring him to the pro side. We should ask Will, some probability questions. Given his leaning towards statistics, I think he has the probabilities already calculated. Given the grade and diamond curve so far calculated,...what is the probability that TWG has a profitable pipe in Freightrain. My rough calculations indicate things don't look very good at the moment,...but that doesn't mean other pipes on the property might not give us the goods. The indicator mineral chemistry suggests a good chance that one or more pipes might have big diamonds in economic abundance, despite what Vaughn says about G10 and better mineral chemistry not indicating anything of importance on average in economic diamond discoveries(gggggggggggg). This is where good geological advice could help them considerably,...ex De Beers people are still the best. I think the minibulk will give really chitty numbers, and perhaps a lot of limestone because the stupid arseholes didn't do what Randy Turner did at Snap lake and put a short spaced grid of drill holes down into the kimberlite before deciding on where to take the bulk sample out. My guess is the shares drift down a bit given the high number of shares out,...got my stink bids in. We will have to wait to see what other players will step up to plate to raise the bar. Generally in a field of kimberlites that sample the diamond stability field, a couple of pipes bring up major wealth in diamonds, and the rest suck. There are a couple of exemptions as there are in all things. I think that some pipes in this Northern Baffin Island field, with a little luck, will prove out to be economic..the question is, who owns the rights to them?