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


To: Letmebe Frank who wrote (286)2/19/2002 2:14:14 PM
From: teevee  Read Replies (1) | Respond to of 613
 
But TeeVee, you said: “ What bothered me at the time, is that the color was remarkably similar to a parcel of diamonds I had just looked at a few weeks earlier that was purchased in the Mazaruni district of Guiana.” You aren’t suggesting hanky panky are you?? From your guesses of largest diamond, I figure you’re just having a bit-o-fun.

I am not suggesting hanky panky. Its possible that the similarity in color was happenstance. If so, I would expect some larger stones with a pale green color to them from the Jackson Inlet bulk sample. On the other hand, if the stone I saw was from the Mazaruni district and was an attempt at promotion, it would be an unlikely coincidence that someone from TWG would also buy a parcel from that particular area some years later. Does anyone currently involved in TWG have a history in Guiana?... So...if the pale green diamond I saw was in fact from the Jackson Inlet area, it is a reasonable guess that more large, pale colored diamonds could show up. On the other hand, if there are no large, pale green diamonds in the bulk sample, I expect the stone size will be much smaller with commensurate grade and valuation.

WRT to SUF, long and strong...

cheers,
teevee



To: Letmebe Frank who wrote (286)2/19/2002 3:02:14 PM
From: russet  Read Replies (1) | Respond to of 613
 
Hi Frank,...

In a year, you may be right about Twin, but the odds are stacked against us for the next bit. Interesting that Baffin North and areas around are now involved in a staking rush with Rio Tinto, De Bums, MPV.t, NEM.v, SWV.v (Northern Miner Feb14-18)

But March ushers in the traditional "dump the speck exploration stocks" season. If the average routine of the last 25+ years takes place, the PDAC generally sees the end of the run in exploration and many other spec stocks, presumably because the insiders and pros sell to refill their coffers near the highs so they can get ready for the next set of PP's with cheaper prices for the shares with attached options. This sets them up for the next spec cycle.

Shortly dream weavers must work to give us results instead of providing us with visions of riches. Most will disappoint the faithful,...those that surprise will provide us with another kick at the can.

In the past, holding past March has generally resulted in reductions in my portfolio values, unless a company has earnings or near earnings to support its stock value. SUF should do well this year with earnings about to ramp up.

There are currently a lot of doubles, triples and more out there in exploration specky land, which are dependent on investor excitement for diamond mania, or the price of gold hysteria. I find it hard to believe that upward movement will continue for much longer this season, particularly with the dismal results coming out of the main diamond plays, and considering what the higher prices for gold will likely do to demand for the metal. Speculation can quickly reverse what it has accomplished, and we should all realize that "it is different this time" is a fool's (or liars) statement 99.9% of the time. These are not good odds.

Everyone is relying on a coarse diamond curve miracle now for all these diamond plays in Canada, because the initial results suck, but that's beginning to look like a desperate straw the promoters are holding out to us. I don't see the long time average of 1 economic kimberlite occurrence out of about 150 being violated here, just because we are in Canada. There is probably more kimberlite in Canada than anywhere else in the world, so there will be lots of uneconomic stuff if that ratio is maintained.

Perhaps a good bet now, would be that Canadians continue to eat hamburgers, chips and rootbeer this year outside the home. In that case, AW.un which gives 3% of top line revenues of A&W restaurants is the place to be,...that's about 9% yield with todays prices. Do any gardening? Sungro, a peat moss producer is about to come out with an income trust IPO. A lot of the oil and gas trusts are giving 15 - 20% distribution,...may be a good place to hide for a bit. These income trusts seem to be the next hot market area, because a lot of the frantic money seems to be going to them. (gggggggggggggggggg)



To: Letmebe Frank who wrote (286)2/20/2002 7:10:38 AM
From: Chas.  Read Replies (2) | Respond to of 613
 
Hi Frank, have been busy with my shrink lately or I would have added my 2 cents worth earlier......
regards your wondering about who is behind the "geoshares" thing.....my guess is that it's teevee or at least he may be a contributing type of editor or something.....the homepage list's a Bob Brunell as the man behind the scenes.
anyway I think it is teevee FWIW....

I think russett has the spec players cycle right but he is off on the potential of the 2002 diamond plays in general.
Now that the drilling has started absolutely anything is possible in any of the 3 area plays, obviously the bigger, more involved, money backed companies will be the ones to watch, especially ACA......

regards TWG possibilities......who knows.......I do know this, if TWG hits big diamonds Vaughn will become the new Diamond Guru God expert of Canada, if they bomb, his credibility is going to zero.

See you at the PDAC

regards

Chuck