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

To: VAUGHN who wrote (373)	3/20/2002 9:59:22 PM
From: Letmebe Frank	Read Replies (2) \| Respond to of 613

Collage of comments: Scruff at SH had this to say about the AGM: stockhouse.com. There were approximately 40 people there. Not an overly large showing. The business portion of the meeting took 15 minutes. The issuance of 73 million shares private placements passed. During the rest of the meeting, Herman gave a presentation on the diamond properties. He said that when he speaks about the pending results coming out, he is now speaking in terms of days rather than weeks. There have been several companies, including Debeers offer to do the sample processing for free but they were turned down in favour of Lakefield because it is an independent lab. Herman has been approached by other companies regarding the possibility of a JV however there is nothing ongoing at the present time. Artie, Re: "Decreasing price with increasing volume ...is that the sound of one hand clapping? " - Good one! But soon increasing volume will happen for sure. Direction? I don't think a lot in terms of grade is needed to increase share price, if quality and size remain is there. Here's what WP had to say 3 months ago tomorrow: "Actually, I didn't quite say it would be difficult to attain $75 (U.S.) per tonne. I said it would, if the grade was low. If the sample turned out to have a 0.5 carat per tonne grade, then you only need $150 (U.S.) per carat. That's certainly not unrealistic. If Twin's stones really are of great quality -- and they have a coarse distribution curve -- then $250 is doable, by the way. A sign of a coarse curve would be finding a five- carat stone in the 250-tonne sample." Which reminded me of the contest, FWIW: Biggest Grade Value per Diamond c/tonne Carat($US) Letmebe Frank 5.1 carats 0.3 $250/ct Will P 3.3 Russett 2.0 0.2 85 SH rumor 50.0 bill 2.5 65 Bob Fairchild 4.5 0.25 175 jpthoma1 8.34 0.34 89.67 Vaughn's calc's 0.225 155 chuck 10 4.0 200 HUGEROCKS 4.77 0.39 186 COPPERMAN 2 0.5 railroad 8 1.2 don jackson 3.9 0.26 teevee (if green?) 1.8 teevee (otherwise) 0.3 Message 17081716 Hi Vaughn - Thanks for defining the 'Moho' for me. So a deep mohorivicic discontinuity over a large area would define a craton? I'm not sure that I really need to understand this, but trying to think in geological time of billions of years, and understand how things unfolded, is quite a fascinating and challenging endeavour. There are still some sub .50 shares to be had, for those who haven't averaged down, or placed their bet.