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Gold/Mining/Energy : Canadian Diamond Play Cafi -- Ignore unavailable to you. Want to Upgrade?

To: teevee who wrote (305)	11/21/2002 8:53:21 AM
From: Letmebe Frank	Read Replies (1) \| Respond to of 16205

NEM you say? finance.yahoo.com Chart similar in ways to Twin finance.yahoo.com Here's what Will said in his last NEM wire: At first glance, the TrustMe diamond project might seem likely to remain a nonstarter, with speculators far more enthused with the hot Otish Mountains and Coronation plays, but Mr. Robins and Ms. Strand claim there are promising indications that kimberlites and diamonds are lurking somewhere on their new property. Those promising indications are an abundance of indicator minerals that would seem to possess the qualities expected from a top-notch diamondiferous kimberlite. Shear collected 64 till samples last year, and 21 of them contained an array of indicator minerals. One of the samples contained 58 minerals, but the big news was the percentage of pyrope garnets that were classified as G-10s. More than 40 per cent of the garnets were G-10s, and they all were found within a defined corridor on the large property, which would seem to suggest that one or more indicator mineral trains await delineation with a closer sampling grid. There was also a separate eclogitic garnet population, apparently with excellent geochemistry as well. The proportion of G-10 garnets is very high, surpassing the levels that were apparently encountered at Diavik, where the G-10 population is believed to have been close to 25 per cent, from kimberlite pipes that have grades running as high as 5.6 carats per tonne. Twin Mining has also come up with an impressive array of G-10s on its Jackson Inlet property on Baffin Island, and a series of mini-bulk tests of the Freightrain pipe has produced a cumulative diamond grade of 0.20 carat per tonne, with some modelled grades of up to 0.50 carat per tonne. All that would seem to bode well for the TrustMe play, but a number of explorers have touted great indicator mineral chemistry for years, without coming up with much of anything from their intensive exploration programs. The mineral chemistry on Victoria Island has intrigued a number of explorers through the years, starting with De Beers in the early 1990s, and although many diamondiferous kimberlites have been found, none of them were worth pursuing much further. Nevertheless, there are still many believers in the Victoria Island play. The Yamba Lake property, northwest of Ekati, has also puzzled a number of explorers through the years, thanks to what is believed to be an impressive array of indicator minerals. Shear and Northern Empire would seem to be the latest to place their trust in the indicator minerals; although it remains to be seen just how much the minerals will actually mean if the partners reach the drilling stage. The explorers took special care to state that their geochemical results are unique to the region, differing from that obtained from existing kimberlite and lamprophyric rocks in the area and suggesting a new kimberlitic source. TeeVee, NEM may be a good bet at .15, but there are no macros yet. I would suggest TWG at .34 is a safer bet to give a good return. DNN is interesting too, with eye catching results to date. I have added RRL to my portfolio for observation. biz.yahoo.com PEY sure has a nice chart. Its done better than SUF since joining the S&P TSX index. look at this comparison chart: finance.yahoo.com Maybe the Stillwater deal may throw some focus on SUF?